I was talking to an analyst at a physical shop last week and he said the traders he works under usually to about 50-60k in PNL daily. Im not sure about the volume they move daily but was just wandering if this is average, high, low?
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I would say slightly above avg.. you have a lot of people in the 10-40 range daily with a 50-150 day every few weeks... few times a year you may have a pop for a large number... again this is on phy side
Head of Trading`s book sure as hell swings around more than that. Then again few people could sleep at night with a book that size and style.
Book runner and term guys are about 3-5 times that, though slow and steady is what the higher ups prefer.
Cash/Short-term guys are basically those numbers, but a couple cowboys are allowed to run a but more wild granted thats if they are behind on year #s.
good point.. i am talking more cash or near term... some of our longer guys are low 6 figs swings daily
Seems like pretty high volume for physical, no? You would need to be moving a pretty substantial amount of MW's.
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