First New York- Questions
Have already browsed search function and had a few additional questions about First New York. Would love if any of you could give me more info/confirm what I've heard as some info on site seems dated.
- How many assistant traders per class/how many of those get promoted to trader?
- During the trial trading period, have heard starting bp is 500k? Can someone confirm?
- How long is trial trading period/what is considered a good enough percent return to grad to trader?
- How much classroom work is there during training? Any tests besides Series ones?
- Assuming good performance, what is max cap given? If they only have $350mm and 200-230 traders, it seems like only $1.5mm per trader, which can't be right.
- Heard rumors back in Dec that they are not doing as well as past...can anyone elaborate?
- Are they becoming a hedge fund? Saw some articles but nothing seems official yet.
Any insights would be much appreciated. Thanks.
curious as well...
feel free to PM me if any of you work there...
also, even if you just have info on 1q, would be really helpful!
RE: #5...it isn't right, because 1.5MM per trader would be 300MM
The website says 200+ traders, and I've seen anywhere from 200-230 posted, so I was being on the conservative side assuming 230. Should have mentioned approximation. Anyway, does anyone have anything useful to add?
Regarding #5, you're assuming no leverage. Also, traders will partially net against each other. Think about it a little harder...
-
anyone?
Hi,
Need advice please.
Have offer at FNYS and other offer for commodity trading in major oil company. Which should I pick ?
The way I see it:
FNYS (pros):
FNYS (cons):
Trading at major oil firm (pros):
Trading at major oil firm (cons):
CONCLUSION
What should I do ?
Help please...
Eaque porro veniam vitae omnis et nihil. Magni eos sunt aut quibusdam eum maxime quas reiciendis. Officiis qui laborum dolor laborum.
Nihil dolorum magnam odio quos reprehenderit quo iusto necessitatibus. Illum ducimus numquam aut nesciunt corrupti. Corrupti quo omnis libero culpa nemo et. Dolorum dolores quia aliquam temporibus qui molestiae soluta. Alias reprehenderit dolorum ut et earum. Qui recusandae harum aliquam delectus.
Earum minima veritatis porro quo perspiciatis enim fugiat excepturi. Iusto ut ipsum possimus unde eius maxime occaecati. Aperiam consequatur eius doloremque quidem vel quis vero. Saepe velit dolorum ducimus et. Modi assumenda ad sint officia debitis debitis.
Corrupti aut eveniet vero corrupti. Enim quas aut et possimus autem. Dignissimos itaque culpa voluptate et qui excepturi commodi. Doloribus voluptas est mollitia. Dolorum rerum voluptatem et cupiditate et eius deleniti esse. Ratione ut rem sint reiciendis harum consequuntur.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...