Prop trading for new grad, no salary

ib_bound — Wed, 24 Oct 2007 04:41:12 -0400

Hey, i had a question about a small prop trading company that I applied to. They have specifically stated that there is no salary and my pay would be 100% performance based. I will be gradding next year and my only trading experience is for my own personal account. suppose I get the position, how would I be able to sustain myself for the first few months if there's no salary (it's in NY)?

Doostang Selected Practice Groups

ib_bound — Thu, 18 Oct 2007 13:46:45 -0400

Hey, I want to join the Investment Banking & Capital Markets Selected Practice Group on Doostang, however my request has been rejected. Does anyone know why that would be so? I have been accepted in other related selected practice groups, but for some reason this one (ironically, the one I'm most interested in) has not accepted my request. Any ideas?

Thanks.

Bank of Canada salary?

ib_bound — Wed, 03 Oct 2007 03:40:14 -0400

Anyone know how much a typical starting Bank of Canada employee makes (bonus too) if they are in the Financial Markets division? i assume the bonus is much less than IB's since i understand they dont work crazy hours. thx.