Home > Salary > Ethiopia > Senior Trader Derivatives
A senior trader in derivatives is responsible for executing trades in financial instruments such as options, futures, and swaps. They analyze market trends and economic data to make informed investment decisions. They work closely with clients and colleagues to develop trading strategies and manage risk exposure. Additionally, senior traders monitor market conditions and adjust their positions accordingly to maximize profitability.
This occupation requires strong analytical skills, as well as a deep understanding of financial markets and derivatives products. Senior traders must be able to quickly interpret and react to market information, making split-second decisions with significant financial implications. They also need excellent communication and interpersonal skills to build and maintain relationships with clients and colleagues.
Estimated Yearly Salary: 317,291 ETB
Estimated Monthly Salary: 26,441 ETB
Estimated Weekly Salary: 6,102 ETB per week
Estimated Hourly Salary: 153 ETB per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 25,635 ETB
Estimated Weekly Salary: 5,916 ETB per week
Estimated Hourly Salary: 148 ETB per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 5,319 USD
Estimated Monthly Salary: 443 USD
Estimated Weekly Salary: 102 USD per week
Estimated Hourly Salary: 3 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 317,291 ETB
Estimated Monthly Salary: 26,441 ETB
Estimated Weekly Salary: 6,102 ETB per week
Estimated Hourly Salary: 153 ETB per hour
By working as Senior Trader Derivatives a person can save up to 366 USD per month or 4,397 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Ethiopia, see costs of living in Ethiopia.
Estimated Yearly Salary for Senior Trader Derivatives
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Town planner (112,559 ETB per year, pre-tax.)
Zone director (185,169 ETB per year, pre-tax.)
Display designer (119,957 ETB per year, pre-tax.)
Warehouse superintendent (112,483 ETB per year, pre-tax.)
Applications support lead (130,156 ETB per year, pre-tax.)
Senior Trader Derivatives salary in Ethiopia
Average Yearly Salary of Senior Trader Derivatives in Ethiopia is approximately 317,291 ETB (5,319 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Senior Trader Derivatives do?
A senior trader in derivatives is responsible for executing trades in financial instruments such as options, futures, and swaps. They analyze market trends and economic data to make informed investment decisions. They work closely with clients and colleagues to develop trading strategies and manage risk exposure. Additionally, senior traders monitor market conditions and adjust their positions accordingly to maximize profitability.
This occupation requires strong analytical skills, as well as a deep understanding of financial markets and derivatives products. Senior traders must be able to quickly interpret and react to market information, making split-second decisions with significant financial implications. They also need excellent communication and interpersonal skills to build and maintain relationships with clients and colleagues.
Skills: senior trader, derivatives, financial markets, risk management, investment strategies, market analysis
Job industry: Finance
Job industry: Finance
How much does Senior Trader Derivatives make?
Salary details
How much does Senior Trader Derivatives make?Estimated Yearly Salary: 317,291 ETB
Estimated Monthly Salary: 26,441 ETB
Estimated Weekly Salary: 6,102 ETB per week
Estimated Hourly Salary: 153 ETB per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 307,620 ETBEstimated Monthly Salary: 25,635 ETB
Estimated Weekly Salary: 5,916 ETB per week
Estimated Hourly Salary: 148 ETB per hour
Last revision of data: 2024-01-03Senior Trader Derivatives estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 5,319 USD
Estimated Monthly Salary: 443 USD
Estimated Weekly Salary: 102 USD per week
Estimated Hourly Salary: 3 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
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Country:
Salary comparison to National average
Ethiopia is a landlocked country located in the Horn of Africa. With a population of over 114 million people, it is the second-most populous country in Africa. Covering an area of approximately 1.1 million square kilometers, Ethiopia is the 27th largest country in the world. It shares borders with Eritrea to the north, Sudan to the west, South Sudan to the southwest, Kenya to the south, Somalia to the east, and Djibouti to the northeast.
Estimated national average yearly salary is 105,216 ETB (1,920 USD). Value indicated is pre-tax. Below graph shows estimated Senior Trader Derivatives job salary compared to average salary in Ethiopia.
Comparison shows that a person working as Senior Trader Derivatives in Ethiopia earns on average:
3.02 times the average salary (or 302% of average salary).
Estimated national average yearly salary is 105,216 ETB (1,920 USD). Value indicated is pre-tax. Below graph shows estimated Senior Trader Derivatives job salary compared to average salary in Ethiopia.
Comparison shows that a person working as Senior Trader Derivatives in Ethiopia earns on average:
3.02 times the average salary (or 302% of average salary).
Is Senior Trader Derivatives a well paid job?
Yes, our data show that Senior Trader Derivatives is a very well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Senior Trader Derivatives?
High salary for Senior Trader Derivatives would be somewhere between 349,020 ETB and 460,072 ETB. However this is an estimation based on Gaussian Distribution.How much can you save working as Senior Trader Derivatives in Ethiopia?
Living in Ethiopia the approximate monthly expenses are: 77 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 317,291 ETB
Estimated Monthly Salary: 26,441 ETB
Estimated Weekly Salary: 6,102 ETB per week
Estimated Hourly Salary: 153 ETB per hour
By working as Senior Trader Derivatives a person can save up to 366 USD per month or 4,397 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Ethiopia, see costs of living in Ethiopia.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Djibouti, Eritrea, Sudan, South Sudan, Kenya, Somalia. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Senior Trader Derivatives
Sudan is 2,101 USD
Kenya is 16,616 USD Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in Ethiopia
(1,198,707 ETB per year, pre-tax.)
2. Cardiologist
(998,053 ETB per year, pre-tax.)
(968,024 ETB per year, pre-tax.)
4. Neurosurgeon
(937,399 ETB per year, pre-tax.)
(935,134 ETB per year, pre-tax.)
(915,448 ETB per year, pre-tax.)
7. Oncologist
(913,122 ETB per year, pre-tax.)
(912,301 ETB per year, pre-tax.)
(911,770 ETB per year, pre-tax.)
10. Dermatologist
(911,678 ETB per year, pre-tax.)
Data as of 2025Random salary:
Town planner (112,559 ETB per year, pre-tax.)
Zone director (185,169 ETB per year, pre-tax.)
Display designer (119,957 ETB per year, pre-tax.)
Warehouse superintendent (112,483 ETB per year, pre-tax.)
Applications support lead (130,156 ETB per year, pre-tax.)
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Salary details presented on this website are meant for reference purposes only. Our data comes from multiple inputs and may not always be accurate. Users must verify salary information through other means before making employment decisions. The figures listed here may fluctuate due to variables such as company policies, experience levels, and demand shifts. We cannot guarantee that the data displayed is error-free. By using this website, you agree that salary information is presented 'as is' and without warranties.
The salary estimates on this website are meant for reference purposes only. We collect salary data from multiple sources, but do not guarantee absolute accuracy. Users should independently confirm salaries before making career decisions. Salary fluctuations occur due to company policies, negotiation skills, and experience levels. We deny any warranty regarding the validity of the listed salary data. By accessing this site, you acknowledge that salary data is not definitive.