Silver Banana
Hey I have a quick question. I have used the search function but I can't seem to find any forums that just give me a straight answer. First person to answer receives a silver banana.
My question is this: Who makes make more? Traders at BB ( ie. JPM, GS) or traders at a major prop firm (ie. Jane Street, SIG)
I understand there are a lot of small technicalities and it may be a difficult to give me a direct answer so to keep it simple you can just concentrate on plain vanilla equities and only the average salary and bonus.
please answer the question in this format:
1) BB (salary + bonus average) (1-4 years out) BB (salary + bonus average) (5- 20 years out)
2) PF (salary + bonus average) (1- 4 years out) PF (salary + bonus average) (5- 20 years out)
Thanks
http://www.wallstreetoasis.com/faq-how-much-will-i-make-if-i-pursue-a-c…
Dude, what you're asking if not only nearly impossible to answer, but also virtually useless. It's highly dependent in both fields 5-20 years out on your personal ability. Your base may go up from 70k-250k between your 1st and 10th years at a firm, but there's no telling what your bonus will be since it's so dependent on your performance.
I have a feeling it's a lot more risky to be a prop trader (as far as people that can't cut it in the industry), but the good ones probably make a bit more than BBs. But this is such a ridiculous generality, paying any attention to it would make you a fool.
If you want to do prop trading, go to a prop shop. If you want to work at a BB, go to a BB.
Ad et nostrum repellendus. Porro placeat et optio. Ad iure sed qui. Porro sint consequatur qui. Eaque necessitatibus autem incidunt tempore.
Dolores placeat animi molestiae distinctio eaque enim provident rerum. Aut et voluptate est excepturi. Aut nulla aut ad ratione libero numquam porro.
Ut et voluptatem similique quaerat illum quibusdam enim. Perferendis labore corporis dolorum placeat. Et eaque sequi rerum et amet cupiditate. Voluptatem qui nostrum est et provident dolores labore. Culpa voluptas a reprehenderit ex officia totam ad quia. Magnam sit saepe earum ea ad temporibus. Placeat omnis occaecati officia soluta ipsum hic.
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...