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Manager Options Exchange Floor Salary
in Chicago, Illinois

$116,499 (USD)

Average Salary

$56/hr

Average Hourly

$9,390

Average Bonus

Last updated: May 23, 2019

Salary Recap

The average pay for a Manager Options Exchange Floor is $116,499 a year and $56 an hour in Chicago, Illinois, United States. The average salary range for a Manager Options Exchange Floor is between $81,302 and $144,828. This compensation analysis is based on salary survey data collected directly from employers and anonymous employees in Chicago, Illinois.

Average Salary Chart

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Job Summary

Description:
  • Directs floor operations of brokerage firm engaged in buying and selling securities at exchange: monitors order flow and transactions that brokerage firm executes on floor of exchange.
  • Reviews reports of securities transactions and price lists, using computer, to analyze market conditions.
  • Informs staff of changes affecting firm or exchange.
  • Calculates profit made by firm and estimates business volume lost to competition.
  • Develops plan to increase firm's market share of business.
  • Negotiates business contracts with exchange officials, and represents firm by membership in various exchange committees.
  • Interviews, selects, and hires employees, such as floor broker and clerical workers.
  • Develops and implements plans to ensure compliance of workers with established programs and procedures.
  • Conducts staff meetings to discuss changes in policy or to propose methods and procedures which could increase profit and trade volume.
  • Monitors employee attendance and takes disciplinary action when regulations are violated.
  • Evaluates employee job performance and promotes or terminates personnel.
  • May place orders with independent trader when additional help is needed to fill orders for brokerage firm.
  • May buy and sell securities on floor of exchange floor broker.
  • May specialize according to type of securities traded at exchange and be designated manager, commodity exchange floor; manager, options exchange floor; manager, stock exchange floor.
Manager Options Exchange Floor Job Prevalence in Chicago, Illinois, United States

Job family: Financial Managers

Job family population: 569,380

Estimated population of Manager Options Exchange Floor jobs: 6,041

Rate of error: 0.6%

Salary Potential

Estimated salary in 2024:
$135,054
5 Year Change:
16 %

Education

Education data not available for this job

Skills

Skills data not available for this job

About Chicago, Illinois

Chicago Cost of Living Score:

Description: Chicago ( (listen), locally also ), officially the City of Chicago, is the most populous city in Illinois, as well as the third most populous city in the United States. With an estimated population of 2,716,450 (2017), it is the most populous city in the Midwest. Chicago is the principal city of the Chicago metropolitan area, often referred to as Chicagoland, and the county seat of Cook County, the second most populous county in the United States. The metropolitan area, at nearly 10 million people, is the third-largest in the United States. Located on the shores of freshwater Lake Michigan, Chicago was incorporated...

Manager Options Exchange Floor Job Listings for Chicago, Illinois

Senior Risk Management Associate - Options, Commodities/Equity space
Apr 22
Chicago, USA
Chicago Mercantile Exchange
Senior Risk Management Associate - Options, Commodities/Equity space
Retail Assistant Store Manager
May 23
Lincolnwood, IL, USA
Sprint by iMobile
In exchange, we offer real career growth opportunities in a place where awesome work is rewarded. ... You are a role model for your team, teaching and coaching on the sales floor, empowering others to ...
Sr. Regional Business Manager, Chicago
May 11
Chicago, IL, USA
Glaukos
... Exchange under the ticker symbol "GKOS". The company was founded in 1998 and is based in San ... options, 401(k) Employer Match, 3 weeks paid time off, 13 company paid holidays, Employee Stock ...
Insurance Agent/Manager $175000-$350000
May 13
Chicago, IL, USA
SFG Mank Agency
In exchange for this protection, the client pays a premium. At the end of the term, if the client ... and show them their options. There is no cold calling. Only those who have requested the ...
Assistant Store Manager - Operations
May 3
Chicago, IL, USA
Best Buy
In-store pickup, checkout, asset protection, inventory control, returns/exchanges/trade-in ... Our full range of benefit options offer the protection you need today and in the future. * But that ...
ERI Economic Research Institute compiles the best salary, cost-of-living, and executive compensation survey data available.

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