How many of you have personal accounts at your bank? It's obviously allowed, but I've been told that the compliance people have a tendency to drag their feet when it comes to approving trades for the analysts in banking. I know they would not like us to day trade, but if you were trading options, time can often times be important. What have your experiences been?
| +90 | [2026 - October] Unbiased Prestige Rankings | 57 | 2h |
| +88 | Who is the final boss in Houston Energy? (GS, JEFF or EVR) | 23 | 50m |
| +81 | You should probably leave IB | 27 | 3h |
| +46 | Why Do We Turn Comments? | 11 | 2h |
| +43 | Tomorrow Will Be Better | 5 | 4d |
| +41 | Moelis PCA vs Lower tier BB Coverage | 30 | 1d |
| +26 | Lateraling as Analyst | 25 | 1h |
| +26 | Banking (Un)fortunately Still Needs You: My Case for Bankers in the AI Era | 4 | 2h |
| +24 | How much should you ask questions / seek feedback as an intern? | 9 | 14h |
| +24 | UBS IB #24 in US M&A in 2026 | 10 | 11h |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
I don't trade options, so I'm a little less time-sensitive in that regard. However, in my experience, I've had trades approved in less than 10 minutes...or it's taken all day.
Problem is (and this subject has been discussed a few times on the forum), while a lot of people go into IB because they love investing, you simply don't have the time to do your homework on stock picks. And the homework you do do in the course of your work obviously puts you in a conflicted position.
So while I still own individual stocks that I've held for a few years, today my trades mainly consist of buying index funds and periodic rebalancing.
And with mutual funds, we (at my bank, at least) don't need approvals to buy or sell. With anything else it's a lot trickier.
i trade options plenty...most banks have a min holding period but that's about it. usually there will be a handful of approved brokers
Ipsam aliquid quisquam est alias aut soluta atque. Recusandae soluta aut placeat quas. Quos nihil quia qui minima incidunt. Sed et pariatur voluptatem quos. Repellendus rerum vitae quia expedita pariatur incidunt placeat.
Dignissimos necessitatibus eos quae iure nihil qui. Velit quam dolor nulla a ullam. Repellendus illo suscipit voluptatem temporibus nisi. Sit eos incidunt facere eum sapiente.
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...