User Info

Profile Completion

Subscriptions & Roles

  • Official Monkey
  • Company DB Subscription

User Tracker

Topics

Preview Freshness
Online Applications for trading firmsI go to a top 15 non target school that is not in the proximity of Chicago. The prop trading firms in Chicago do not come to my school for campus recruitment. I've heard that big banks don't look at applications posted online; are the prop trading firms any different? The firms I'm talking about... 4 years 1 month
Oil/Energy Trading superior to Prop Trading?It seems to me that a lot of people these days think that trading oil and energy is better than trading equities or fixed income and I'm not sure why. I am not familiar with oil trading companies and their business model. Can someone shed me some light on the matter? I know that a lot of prop... 4 years 1 month
From an average prop trading firm to a...If one were to end up at an average prop trading firm, would it be hard to transition into a more prestigious one later? Or would there be no point on moving if you succeed at your current firm? To my knowledge, the most prestigious prop firms deal with options market making while the lesser... 4 years 10 months
High School Math Contest Award on Resume?Top 20 non target school. Low GPA of 3.0 cumulative. High SAT with 800 Math and 800 Math lv2 800 Physics (SATII) Would my experience in high school state math competition help me? I was top 3 in the state for two years. Is this significant enough to put on my resume considering my low GPA... 4 years 11 months
What do market makers do? Also, prop trading...Could you guys tell me a little bit about how market making works? To my knowledge, market makers basically make money off the spread between bid and offer. So when a market maker sees a bid that is slightly above an offer, does he buy the security, actually hold it for a short period of time (a... 5 years 1 month

Comments

Preview Freshness
trade4size: Junior trader <3years 175k all in...[quote=trade4size]Junior trader 4 years 1 month
Severus: Dunno about prop shops, but some...[quote=Severus]Dunno about prop shops, but some smaller MM investment banks definitely look at online aps for S&T positions, check those out[/quote] Thanks for the advice. Could you give me some examples of MM investment banks or a link to the list of them? 4 years 1 month
whats up with the abbreviations? trade on PA? do...whats up with the abbreviations? trade on PA? do corp dev? 4 years 1 month
monty09: ibintx: Great thread guys. I don't...[quote=monty09][quote=ibintx]Great thread guys. I don't want to sidetrack this thing, but a quick side - Can someone give a brief description of what a physical energy trader actually does on a day-day basis? And what skills do you think are most important for the job?[/quote] very high... 4 years 1 month
Depends on the position you are seeking but if...Depends on the position you are seeking but if you're looking into the more quant side, http://www.quantnet.com/master-reading-list-for-quants/#interview 4 years 1 month
eydey, What made you ultimately choose the oil...eydey, What made you ultimately choose the oil firm over FNYS? 4 years 1 month
eydey: what is HYP? Harvard, Yale, Princeton....[quote=eydey]what is HYP?[/quote] Harvard, Yale, Princeton. Its how we abbreviate them in America. Sometimes HYPSM to include Stanford and MIT and in finance, W is included for Wharton (UPenn's business school). 4 years 1 month
eydey: - trading is very competitive to get into...[quote=eydey]- trading is very competitive to get into, you will definitely need a degree. - with a community college degree you can maybe have a shot at operations, but it will be very tough to get into trading. Maybe if after the community college, you go to target school, your chances will... 4 years 1 month
marcellus_wallace: Why does 1 or the other...[quote=marcellus_wallace]Why does 1 or the other always have the best choice on WSO? Depends on your personality and what you like. Also really depends on the firm. Some parts of Energy Trading are very prop and spec related, also its based around markets that are not equities. I find... 4 years 1 month
monty09: Its the new new thing... since 2007 I...[quote=monty09]Its the new new thing... since 2007 I have never seen so many people interested in the space. People say energy is the future so everyone wants on thebandwagon. Its a race for human capital as the Enron, El Paso, Dynegy folks are getting older and firms are in need of young bloound.... 4 years 1 month