Starting out in trading! Aurelia Traders? Worth applying??

I'm roughly 1 month out of finishing my Masters degree and looking to get into Trading. At the moment I'm applying to open vacancies, January/immediate start internships and sending some speculative emails. The applications have been sent to the trading arms of larger investment banks (UBS, JP Morgan, etc) and some smaller trading firms (Jane Street, WTS, etc).

I've come across a firm called Aurelia Traders and found their website less than professional. I'm aware the appearance of the website isn't everything, but description of who they're looking for states:

We are an equal opportunity employer. Disabled (as long as you can see, hear and move the mouse quickly), Ex-Convicts (while collar crimes suits us), Retirees, Graduates and Non-Graduates are welcome. We are always on the lookout for new talent.

White collar crimes suits us??? Seriously?? I'm all for the reform of criminals, but this appears to be actively encouraging ex-convicts to apply. This made me slightly suspicious.

I've searched the WSO forum and there's very little information on this firm. I would appreciate anyones opinion on it and whether it's worth applying to.

I'm relatively new to financial services so please excuse any amateurish mistakes I've made.

 

By 'no' do you mean I shouldn't bother applying to this firm or was it just a cheap dig at me?

You win a few, you loose a few, but you keep on fighting.
 

It wasn't a joke. I'm completely clueless! Judging from the feedback I'll give it a miss. Thanks guys!

You win a few, you loose a few, but you keep on fighting.
 

ok T99066, ill copy and paste a few things, see if you might see if its a joke or not.

THE MARKET IS ALWAYS RIGHT

HEDGE HOLD TIGHT TO YOUR LOSS (underneath a picture of a tight rope walking near disaster),

TREND IS YOUR FRIEND GOING THE SAME DIRECTION AS EVERYONE ELSE IS OFTEN THE RIGHT THING TO DO.

ANALYSIS PARALYSIS THEN THERE'S ALWAYS THE COIN TOSS METHOD.

"If you pass mathematical IQ test, then you will do personality IQ test." Personality IQ test? Mathematical IQ test? :D:D:D:D:D:D:D

 

trazer985! Hahahahaha!

ANALYSIS PARALYSIS THEN THERE'S ALWAYS THE COIN TOSS METHOD.

Ok! I may be a complete amateur in trading, but it's beginning to become pretty obvious that this place is a joke!

Thanks for your input!

Also, would you say it's better to apply for internships or entry level (Junior Trader) positions? Where do I stand the best chance of getting in? There seems to be so much out there and I need to concentrate my efforts.

You win a few, you loose a few, but you keep on fighting.
 
GoodBread:
Dude, as hilarious as that website is, you should apply. As long as they don't ask you for money or a kidney, it's worth a shot. I'm serious, what's the worst that can happen?

They forcefully take your kidney.

 

I think I'll give it a go and see what happens! I have two kidneys and no jobs! Worth a shot!

What's Singapore like for trading?

You win a few, you loose a few, but you keep on fighting.
 
Best Response

Hi All, Just reading all the comments, and I myself started laughing. I represent Aurelia Traders.

We are just a small prop firm located in Singapore. A spin off from TransMarket Group in Singapore. Trading relative value. Presently we do not have any place to take in new traders. We do make exceptions when they have strong knowledge of relative value trading or persistent emails with new trade ideas.

New Traders? Nope. Tried 2 new traders and did not work out. Disabled Traders? yes we have. Ex-Con? Still none yet

Sorry T99066 that it did not work out. You should try investment banks and all the best for your future.

 
thebest:
Hi All, Just reading all the comments, and I myself started laughing. I represent Aurelia Traders.

We are just a small prop firm located in Singapore. A spin off from TransMarket Group in Singapore. Trading relative value. Presently we do not have any place to take in new traders. We do make exceptions when they have strong knowledge of relative value trading or persistent emails with new trade ideas.

New Traders? Nope. Tried 2 new traders and did not work out. Disabled Traders? yes we have. Ex-Con? Still none yet

Sorry T99066 that it did not work out. You should try investment banks and all the best for your future.

so you made a web page just to troll. guess it worked.

 

I understand the company's open-minded intention to help ex-convicts, and they, like myself, must think that you dont have to be a professor or a quant to be good in trading. I know of traders who are making big bucks that used to lay bricks. But if you are an ex-convict, that means you were caught doing whatever you tried to achieve illegally - hence you are probably not street-smart enough to be a gd trader..

 

DeGreat,

Why exactly do you need to be 'street-smart' to become a successful trader? And what do you mean by 'street-smart'? Selling drugs? Running from police? Shop-lifting? What? I'm confused...

You win a few, you loose a few, but you keep on fighting.
 

Being 'street smart' is just one of the many traits which, in my personal opinion, is needed to be a successful trader whether u are a scalper, medium term or position trader. I guess by street smart, I mean having more than basic common sense, you need some special guts and instinct which is undescribable and definitely not seen in your academic papers. In fact the more academically inclined you are, the worse trader you are likely to be (remember LTCM?). Some of the market gurus who are so well-versed in technical analysis and systematic trading (although 99% of them are quacks), resort to selling and teaching their knowledge because they just can't trade profitably themselves even though they have trading methods that have proven high probability of success.

 

Amet ab aut quia tenetur iusto debitis. Quia voluptas dolorem optio aspernatur. Sint voluptatem libero sapiente sint at tempora.

Earum vel voluptas est id qui pariatur voluptas. Velit ad similique sed quia. Distinctio aut dolorem et aliquid qui deserunt dolore quibusdam. Facilis aut ipsum consequatur labore et esse incidunt molestiae.

Officiis recusandae omnis debitis. Veniam doloribus dolor voluptatem perferendis. Omnis numquam aut unde doloremque voluptate qui. Sed est possimus fugit iste neque porro tempora. Eos quia corporis tempora. Nesciunt illo deleniti dolorem dignissimos.

You win a few, you loose a few, but you keep on fighting.
 

Minus aut ratione aut consequuntur enim. Magni sed dicta ipsum.

Delectus id quaerat recusandae vel a. Aspernatur ut dolorum omnis culpa at tenetur. Rerum dicta amet deserunt qui aut cumque ut. Minus ducimus et fugiat rerum. Quod voluptates eos dolor perferendis quisquam qui sed. Magni voluptatem quas eveniet doloremque in accusantium.

Rerum ipsum dolor in aliquid ratione aut quia. Consequatur quo laborum omnis delectus autem. Ea asperiores ratione numquam quidem dolor ad ut.

Career Advancement Opportunities

March 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. (++) 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

March 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

March 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

March 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (86) $261
  • 3rd+ Year Analyst (13) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (202) $159
  • Intern/Summer Analyst (144) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
kanon's picture
kanon
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
DrApeman's picture
DrApeman
98.9
9
GameTheory's picture
GameTheory
98.9
10
bolo up's picture
bolo up
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”