Physical Commodities Trading Shops
All,
I'm considering pursuing a career at a physical commodity trading shop and am currently based in New York. Long term I'd prefer to relocate internationally to get a global perspective of the markets, but think I need to get experience domestically first before a firm would sponsor me to go abroad.
While I would consider trading any commodity that I can get an opportunity to trade, my preference would be softs, specifically cofffee, cocoa, or sugar (in that order). I'm also very interested in oil and oil derivatives, but I know those positions are few and far between so would like to hedge by looking for other opportunities.
Where can I get a list of commodity trading shops in or around New York? (I'm willing to move around the country but would prefer not to end up in Kansas). I already know the major players like Cargil, Louis Dreyfus, etc. and am looking for a more comprehensive list.
Thanks for your help.
Kevin





the problem is that other
the problem is that other than agriculture, you have to go abroad. You don't want to work in satellite offices for the big companies.
If you want to trade
If you want to trade soft/grains, you'll have to spend a stint in the corn/grain belt. If you don't know how a grain elevator or hopper car moves, chances are you won't be a good phys trader.
Look at ADM, Cargrill, Noble, Trafigura, Glencore, Bunge, Vitol or Global.
ampeypua: the problem is that
the problem is that other than agriculture, you have to go abroad. You don't want to work in satellite offices for the big companies.
ya, honestly, its not like houston is known for energy trading or anything.
yes. Houston obviously has
yes. Houston obviously has energy trading.
The point is that at large physical shops, the headquarter is typically in Europe. I hear guys in satellite offices often say that from a pure career perspective it's much better to be in HQ (comp is better, information flow is better, major decision making occurs there). I work on the metals/mining side at a large place and I can tell you that's certainly the case. In a few convos i've had with some guys in oil/gas, it's not as pronounced but they do feel that way as well. For example, at my place, it's really London and Singapore which are the hub of the action for oil/gas. The culture is that the guys in HQ call the shots and establish the culture. Guys in satellite offices can be somewhat autonomous (all case specific) but need to listen to the boss.
Please allow me to enter a
Please allow me to enter a question: how does someone new to the trading business actually gets inside the business, gets to understand it without working for a trading firm?
"Striving path for a sustainable future"...
that;s a good question, can
that;s a good question, can anyone aswer it in detail?
hustle
hustle
Mikuka: Please allow me to
Please allow me to enter a question: how does someone new to the trading business actually gets inside the business, gets to understand it without working for a trading firm?
I am also interested in this.