Home > Salary > Iceland > Trader Hedge Fund
A trader in a hedge fund is responsible for executing trades on behalf of the fund's investors. They analyze market trends, identify investment opportunities, and make buy or sell decisions to maximize profits and minimize risks. Traders closely monitor financial markets, economic news, and company reports to stay updated on market conditions and make informed trading decisions. They use various tools and strategies such as technical analysis, quantitative models, and fundamental analysis to assess the potential returns and risks of different investments.
Estimated Yearly Salary: 16,033,711 ISK
Estimated Monthly Salary: 1,336,143 ISK
Estimated Weekly Salary: 308,341 ISK per week
Estimated Hourly Salary: 7,709 ISK per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 1,293,733 ISK
Estimated Weekly Salary: 298,554 ISK per week
Estimated Hourly Salary: 7,464 ISK per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 112,577 USD
Estimated Monthly Salary: 9,381 USD
Estimated Weekly Salary: 2,165 USD per week
Estimated Hourly Salary: 54 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: 16,033,711 ISK
Estimated Monthly Salary: 1,336,143 ISK
Estimated Weekly Salary: 308,341 ISK per week
Estimated Hourly Salary: 7,709 ISK per hour
By working as Trader Hedge Fund a person can save up to 6,653 USD per month or 79,831 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 Trader Hedge Fund
Last revision of data: 2025-01-04
Data as of 2025
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Trader Hedge Fund salary in Iceland
Average Yearly Salary of Trader Hedge Fund in Iceland is approximately 16,033,711 ISK (112,577 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 Trader Hedge Fund do?
A trader in a hedge fund is responsible for executing trades on behalf of the fund's investors. They analyze market trends, identify investment opportunities, and make buy or sell decisions to maximize profits and minimize risks. Traders closely monitor financial markets, economic news, and company reports to stay updated on market conditions and make informed trading decisions. They use various tools and strategies such as technical analysis, quantitative models, and fundamental analysis to assess the potential returns and risks of different investments.
Skills: Trader, Hedge Fund, Financial Markets, Investment Opportunities, Risk Management, Trading Strategies
Job industry: Finance
Job industry: Finance
How much does Trader Hedge Fund make?
Salary details
How much does Trader Hedge Fund make?Estimated Yearly Salary: 16,033,711 ISK
Estimated Monthly Salary: 1,336,143 ISK
Estimated Weekly Salary: 308,341 ISK per week
Estimated Hourly Salary: 7,709 ISK per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 15,524,795 ISKEstimated Monthly Salary: 1,293,733 ISK
Estimated Weekly Salary: 298,554 ISK per week
Estimated Hourly Salary: 7,464 ISK per hour
Last revision of data: 2024-01-03Trader Hedge Fund estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 112,577 USD
Estimated Monthly Salary: 9,381 USD
Estimated Weekly Salary: 2,165 USD per week
Estimated Hourly Salary: 54 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
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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 Trader Hedge Fund job salary compared to average salary in Iceland.
Comparison shows that a person working as Trader Hedge Fund in Iceland earns on average:
1.79 times the average salary (or 179% 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 Trader Hedge Fund job salary compared to average salary in Iceland.
Comparison shows that a person working as Trader Hedge Fund in Iceland earns on average:
1.79 times the average salary (or 179% of average salary).
Is Trader Hedge Fund a well paid job?
Yes, our data shows that Trader Hedge Fund 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 Trader Hedge Fund?
High salary for Trader Hedge Fund would be somewhere between 17,637,082 ISK and 23,248,881 ISK. However this is an estimation based on Gaussian Distribution.How much can you save working as Trader Hedge Fund 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: 16,033,711 ISK
Estimated Monthly Salary: 1,336,143 ISK
Estimated Weekly Salary: 308,341 ISK per week
Estimated Hourly Salary: 7,709 ISK per hour
By working as Trader Hedge Fund a person can save up to 6,653 USD per month or 79,831 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 Trader Hedge Fund
Norway is 157,466 USD
United Kingdom is 73,641 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:
Cable splicer (7,512,626 ISK per year, pre-tax.)
Global sourcing manager (18,608,590 ISK per year, pre-tax.)
Associate business analyst (10,739,729 ISK per year, pre-tax.)
Appliance service technician (8,008,721 ISK per year, pre-tax.)
Facilities operations specialist (7,337,044 ISK per year, pre-tax.)
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