Home > Salary > Iceland > Junior Trader Fixed Income
A junior trader in fixed income is responsible for assisting senior traders in executing trades related to fixed income securities such as bonds, treasury bills, and mortgage-backed securities. They work closely with the trading desk to identify potential trading opportunities, analyze market trends, and monitor risk exposure. Junior traders are involved in the entire trade lifecycle, from researching and analyzing investment opportunities to negotiating prices and executing trades. They also collaborate with other departments, such as research and sales, to gather market intelligence and provide insights to clients.
Estimated Yearly Salary: 11,794,048 ISK
Estimated Monthly Salary: 982,837 ISK
Estimated Weekly Salary: 226,809 ISK per week
Estimated Hourly Salary: 5,670 ISK per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 948,150 ISK
Estimated Weekly Salary: 218,804 ISK per week
Estimated Hourly Salary: 5,470 ISK per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 82,618 USD
Estimated Monthly Salary: 6,885 USD
Estimated Weekly Salary: 1,589 USD per week
Estimated Hourly Salary: 40 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
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: 11,794,048 ISK
Estimated Monthly Salary: 982,837 ISK
Estimated Weekly Salary: 226,809 ISK per week
Estimated Hourly Salary: 5,670 ISK per hour
By working as Junior Trader Fixed Income a person can save up to 4,156 USD per month or 49,872 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 Iceland, see costs of living in Iceland.
Estimated Yearly Salary for Junior Trader Fixed Income
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
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Junior Trader Fixed Income salary in Iceland
Average Yearly Salary of Junior Trader Fixed Income in Iceland is approximately 11,794,048 ISK (82,618 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 Junior Trader Fixed Income do?
A junior trader in fixed income is responsible for assisting senior traders in executing trades related to fixed income securities such as bonds, treasury bills, and mortgage-backed securities. They work closely with the trading desk to identify potential trading opportunities, analyze market trends, and monitor risk exposure. Junior traders are involved in the entire trade lifecycle, from researching and analyzing investment opportunities to negotiating prices and executing trades. They also collaborate with other departments, such as research and sales, to gather market intelligence and provide insights to clients.
Skills: Junior Trader, Fixed Income, Trading Desk, Market Analysis, Risk Management, Trade Execution.
Job industry: Finance
Job industry: Finance
How much does Junior Trader Fixed Income make?
Salary details
How much does Junior Trader Fixed Income make?Estimated Yearly Salary: 11,794,048 ISK
Estimated Monthly Salary: 982,837 ISK
Estimated Weekly Salary: 226,809 ISK per week
Estimated Hourly Salary: 5,670 ISK per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 11,377,795 ISKEstimated Monthly Salary: 948,150 ISK
Estimated Weekly Salary: 218,804 ISK per week
Estimated Hourly Salary: 5,470 ISK per hour
Last revision of data: 2024-01-03Junior Trader Fixed Income estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 82,618 USD
Estimated Monthly Salary: 6,885 USD
Estimated Weekly Salary: 1,589 USD per week
Estimated Hourly Salary: 40 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %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
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Country:
Salary comparison to National average
Iceland, a Nordic island country located in the North Atlantic Ocean, is known for its stunning natural landscapes and unique geological features. With a population of approximately 366,000 people, Iceland is one of the least densely populated countries in Europe. The country covers an area of about 103,000 square kilometers, making it the 18th largest island in the world.
Estimated national average yearly salary is 8,949,782 ISK (68,220 USD). Value indicated is pre-tax. Below graph shows estimated Junior Trader Fixed Income job salary compared to average salary in Iceland.
Comparison shows that a person working as Junior Trader Fixed Income in Iceland earns on average:
1.32 times the average salary (or 132% of average salary).
Estimated national average yearly salary is 8,949,782 ISK (68,220 USD). Value indicated is pre-tax. Below graph shows estimated Junior Trader Fixed Income job salary compared to average salary in Iceland.
Comparison shows that a person working as Junior Trader Fixed Income in Iceland earns on average:
1.32 times the average salary (or 132% of average salary).
Is Junior Trader Fixed Income a well paid job?
Yes, our data shows that Junior Trader Fixed Income is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Junior Trader Fixed Income?
High salary for Junior Trader Fixed Income would be somewhere between 12,973,453 ISK and 17,101,370 ISK. However this is an estimation based on Gaussian Distribution.How much can you save working as Junior Trader Fixed Income in Iceland?
Living in Iceland the approximate monthly expenses are: 2,729 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: 11,794,048 ISK
Estimated Monthly Salary: 982,837 ISK
Estimated Weekly Salary: 226,809 ISK per week
Estimated Hourly Salary: 5,670 ISK per hour
By working as Junior Trader Fixed Income a person can save up to 4,156 USD per month or 49,872 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 Iceland, see costs of living in Iceland.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Norway, Faroe Islands, United Kingdom. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Junior Trader Fixed Income
Norway is 115,095 USD
United Kingdom is 54,216 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 Iceland
(101,519,791 ISK per year, pre-tax.)
2. Cardiologist
(84,892,494 ISK per year, pre-tax.)
(82,036,676 ISK per year, pre-tax.)
4. Neurosurgeon
(79,530,435 ISK per year, pre-tax.)
(79,217,486 ISK per year, pre-tax.)
(77,544,423 ISK per year, pre-tax.)
(77,443,218 ISK per year, pre-tax.)
(77,278,803 ISK per year, pre-tax.)
9. Oncologist
(77,260,671 ISK per year, pre-tax.)
(77,231,503 ISK per year, pre-tax.)
Data as of 2025Random salary:
Deli clerk (4,678,674 ISK per year, pre-tax.)
Ccnp engineer (15,631,187 ISK per year, pre-tax.)
Waste management supervisor (9,307,799 ISK per year, pre-tax.)
Dental assistant (certified) (7,240,421 ISK per year, pre-tax.)
Ophthalmology manager (12,336,499 ISK per year, pre-tax.)
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