The Wall Street Oasis Trading Hall of Fame provides a comprehensive collection of some of WSO's best discussions on the trading industry. Keep in mind this Hall of Fame does not include Q&A sessions by WSO veterans. To view a full list of Q&A’s & Interviews please navigate here. ...
|1||5 months 1 week ago|
I've applied for a junior trader position with this firm, and so they've sent me an email with directions to take an online mental math test. Does anybody know what the Akuna test is like, specifically? Can't seem to find too much information about it online. All I know is that there is a 22 minut...
|55||1 hour 22 min ago|
Curious to hear about the different types of groups in S&T on the street and how they compare. Interested in learning more about the culture, outlook towards future, exit ops, which banks are top, and any other additional info. I have seen other posts similar to this throughout the site, but not...
|0||3 hours 3 min ago|
I already know VB.net but what are some languages that I should try to learn now that may be used in trading in 8-12 years? ...
|40||3 hours 43 min ago|
I was wondering if anyone happens to have any resources to prepare for a junior role at a global macro fund? Looking for resources on the technical/markets/current news questions ...
|1||3 hours 50 min ago|
Hello guys, I'm a recent economics graduate from an unknown university in southern Italy and I'm currently about to start a MSc in Finance in a pretty reputable European university. I'll try to be as concise as possible and I hope that what I'm writing doesn't sound delusional to you. First of all, ...
|1||5 hours 49 min ago|
Hi there, I'm Jane Zurman, I had been a trader for 7 years and one day I decided not to be a simple trader, but to run out my own business. I had made a research and found these guys. What surprised me most of all, there is a real opportunity to start your own brokerage from $5000! UTIP Trading Plat...
|0||13 hours 52 min ago|
I'm a senior trader with 8 years of experience in the ag markets. I currently trade physicals only but have traded futures and options to a small extent in the past as part of my hedge book. I have experience in grains and a wide variety of other ag byproduct commodities. Feel free to ask me anythin...
|138||14 hours 24 min ago|
Let's share bonus numbers you've heard on the street. Please list bank, level, and bonus figure (in USD). Mod Note: You can find the Ib and ER bonuses forms below.IB BonusesER Bonuses ...
|43||17 hours 6 min ago|
Has anyone had success getting a TN Visa for a sales & trading analyst role? sales? trading? If not, what other Visa? ...
|0||1 day 2 hours ago|
Hi. I'm a junior and received a first round 20-30min phone screening trading interview at Five Rings Capital LLC for their summer internship. Can anyone give me some insight as to how the interview might go? The founder is from Jane Street Capital I believe, so I wonder if the interview will be as h...
|38||1 day 6 hours ago|
Which one would you guys choose? Both positions are in Asia. Both in FICC. The trading in Nomura seems to be expanding in Asia. The structuring in the US BB is strong and stable. Will it be possible to move to trading internally? Trading is always my first choice, but I dont know how the future of F...
|5||1 day 7 hours ago|
Does anyone have tips for a final round interview with Akuna capital? Will it be largely technical or also some behavioral questions? Any specific things i should study or brush up on? ...
|3||1 day 10 hours ago|
Has any of you try to establish trading record using Jack Schwager's FundSeeder platform? How It Works How the talent is sourced: Trader Education Jack Schwager has an excellent reputation in the world of trading, but...Is linking your broker account a good idea? Has anybody capitalized on this site...
|0||1 day 12 hours ago|
Hello, I have read quite a few threads about individuals lateraling from IB MM to BB on here, however there doesn't seem to be much information on lateraling for s&t. If I were to take a SA position at a non-US bank (think Macquarie, HSBC) and work full time (potentially on a sales desk) would a...
|3||1 day 12 hours ago|
So, I'm in an interesting position. i am coming from a target school, 3.5/3.6 GPA. I was SA last year at a middle market shop for S&T and they were absolutely hammered on P&L by the end of the summer, to the point where very few people got hired back to the division I was in. I happened to b...
|0||1 day 13 hours ago|
I feel like it is often said here and at times overdone, but while every day is a bit different there are certain tasks that happen every week or month. I'm going to split the below into three different types of days to compare. Day 1: Weekly and Monthly Updates Monday is generally the day of the ...
|17||1 day 15 hours ago|
Hi, Looking for someone with experience trading leveraged loans/high yield/distressed debt that could give some insight in to the role. Specifically- What a typical day looks like on the desk Strategies (Total noob here) Best books to help learn Outlook for the industry Exits Thanks, T ...
|4||1 day 15 hours ago|
I've heard a lot about traders not staying as a trader for their entire career due to the low job security, stress etc but what sort of career paths do traders have? Do they start their own prop shop or hedge fund when they have built a good reputation in their industry or just become traders at hed...
|0||1 day 20 hours ago|
A lot of day trading activity goes into trying to predict short term fluctuations. However, wouldn't the Bid-Ask spread prevent making any profits on these short term fluctuations?(the spread on equities is often like over ten percent of the functions you can expect in a multi minute window.) I am a...
|3||1 day 22 hours ago|
Hi, I was wondering what exactly does an ETF trader do at a sell side investment bank. Are they part of S&T? Prop guys? Fixed income? If anyone can shed any light, that would be very helpful. ...
|6||2 days 6 hours ago|
Have you hear about "bakchichs" to get oil, ores, commodities. Is it worth it for a trader to be " Public ", given a public company must get quasi-bared. ( think Noble group and its Fair value to-arrive equity) If yes, why also some traders who have become listed on the exchange still act if they we...
|0||2 days 23 hours ago|
Reuters, March 9 Simon Collins, ex-Trafigura, has launched an online platform named Tradecloud which connects buyers and sellers in the physical market. Expected to be on the market in August, with beta testing in May. Some of the platform's features: -"The platform will help traders to verify new c...
|1||4 days 21 hours ago|
After a 2 months pause, Levered Hedge is back. Recruiting is pretty much all over and focus has turned to preparing for summer internships. One of the main concerns of every intern is in the attire arena, as for many this may be the first time you have to dress for a business environment for an exte...
|354||5 days 3 hours ago|
Hey guys! Could anyone help me get a better understanding of the following: What is the asset swap spread - I'm looking for a trader/PM's definition, the more detail the better. Are there people in Credit Trading (in S&T) who actually trade asset swaps as a product all day? How do you actually t...
|3||5 days 11 hours ago|
I'm graduating from University within the next year, so naturally i've been applying left and right. However, i'm finding it quite challenging to even find the right places to apply, considering most of the companies in the field i'm looking for work in (oil&gas trading) don't make details regar...
|0||5 days 20 hours ago|
There is a lot in the world to keep up on... I was/am a bit of a news junkie. My interest in finance originally came about reading the finance section of the paper. Nowadays it is a bit more difficult to keep up with everything that is going on. A few questions... How do you keep up with the news? W...
|10||6 days 21 min ago|
Hello Monkeys, I have read Sturm's book Trading Natural Gas about 30 times. My question is does another book or free source exist that explains all of the transactions illustrated in his book as well? The dude really knows how to illustrate a basis swap both through the cash flows and the physical ...
|0||6 days 1 hour ago|
Not too sure if this discussion would fall under the trading forum, but bitcoin investors and holders are about to find out if their bets are about to play off with SEC decision coming out today. What used to be merely a cryptocurrency to buy drugs and make private transactions is now a volatile cur...
|0||6 days 4 hours ago|
Hedge fund: Apple (AAPL): 72 hedge funds owned it as a top 10 holding lol going to $1000?http://blogs.marketwatch.com/cody/2010/09/06/apple... i mean it does have a low p/e compared to amazon where do you think the stock will go after earnings and any one know what the whisper estimate is supposed t...
|9||6 days 5 hours ago|
Do you think that one million dollar bonuses are rare to come by these days or do you believe there pretty much non-existent today? ...
|6||1 week 2 min ago|
I was wondering if anybody had heard of the Reinsurance Brokerage/Investment Bank TigerRisk, they launched a trading desk dedicated solely to CAT bonds and Insurance linked Instruments. I am just wondering if anybody has an opinion on starting a career here or if anybody knows anything about this f...
|1||1 week 3 hours ago|
I've enjoyed this forum, and i see lots of people without a clue asking questions about trading, so i thought i'd do an AMA... My path was non-standard, but i've seen others with a similar path to my own. My Path --> Non-Target state school --> Job in BB IT (programming) --> BB Rates Tradin...
|81||1 week 7 hours ago|
MMOgo is the top platform of in-game service all around the world. All clients can buy your satisfied Forza Horizon 3 Credits from mmogo with cheapest price. 365/24/7 Online service is always offering you the prompt Forza Horizon 3 Credits delivery. Your transaction will be arranged to be delivered ...
|0||1 week 12 hours ago|
Hi, I'm a senior soon to graduate this year in a few months from a mid-tier university. I have a major in Finance and Accounting, with a minor in Math. I've been trading equity options, (including complex strats) for over 6 years now, so I know a thing or two on that end. But I wanted to get a desig...
|0||1 week 17 hours ago|
Hey everyone! Had my first round phone interview for Global Markets Summer Analyst program (Toronto) last week (March 1st, 2017). Was wondering if anyone has heard back about superday yet? ...
|0||1 week 1 day ago|
The Transit Time on Colonial Pipeline, if you go from one end to the other (Houston to New York) is about 16 days. Most of ship voyages in Asia are less than 10 days but apparently this is too much for Noble Group. Are Conventional Ships now too slow for Noble Group Ltd ? At an average of 10 days ...
|7||1 week 1 day ago|
Hey guys, I'm currently 25 y/o and I'm trying to make a decision on which way to go with my career. I'm looking for some insight and guidance on these two positions. I was offered positions at Alexander Capital Lp and Maxim Group for Institutional Sales Position, on the other end of the spectrum I w...
|0||1 week 1 day ago|
I am deciding between two offers; consulting in T2 and corp banking (they call it coverage team) in a T2 bank. In the future, I'd like to move to an equity sales role, and I'd like to know if either one would provide a better chance for me to do so. I had internships with equity research and consult...
|1||1 week 1 day ago|
Can anyone here tell me what the energy industry thinks of Dr. Kent Moors of Duquesne University? Specifically: how is he regarded by crude oil traders? I ask because he's increasingly on Fox News preaching visions of doom and gloom. All fine and well. Sometimes, as in the case of Meredith Whitne...
|105||1 week 1 day ago|
Hi Everyone. I have read numerous articles talking about automation being the way of the future and that you need to know coding to get into trading these days. In that regard, what are the best coding languages to learn? Do you have any recommended websites to learn these languages? Thanks monkeys ...
|5||1 week 1 day ago|
Hello guys!!! as someone who is new to physical crude trading and WSO what hedges would you recommend implementing to protect a cargo of Petroleum bought today for future delivery in one region on local pricing with intention to deliver if by sea to a different region on totally different pricing?? ...
|12||1 week 2 days ago|
Interning in SF BMO Capital Markets as a Sales and Trading Intern. Was wondering what the pay would be for first year analysts (base, bonus, signing) all in? ...
|0||1 week 3 days ago|
Is a PhD or a Master's degree required to get a quant position at a bulge or at a hedge fund? What kind of chance would I have with a bachelors in Math? ...
|3||1 week 3 days ago|
I know for Citi Sales and Trading interviews, at least the superday there is a case study. What does the case study entail? ...
|3||1 week 3 days ago|
Hello everyone, I have an interview with Citigroup for markets analyst and there is a case interview. Can someone explain me what to expect/ how to prepare? Thanks! ...
|0||1 week 3 days ago|
Which to choose? What struck me about the trading house was that they are considered to be extremely hard to get into, but the traders do not have the H/Y/P/M/C background you typically see on an exotic derivatives trading desk at a BB, which makes me suspicious about the nature of the work / actual...
|2||1 week 3 days ago|
I have an upcoming group interview with a hedge fund in NYC. I have never done one before, so would like some advice as to how to succeed in those types of interviews. I am not sure how many other candidates will be present alongside me. Thanks :) ...
|4||1 week 3 days ago|
Hi all. After searching through forums I have yet to find a true answer to my question so I have decided to start a thread. I am currently developing a strategy with a friend regarding a non-directional energy trade. Does anyone happen to know how a price shift in and underlying commodity could affe...
|1||1 week 4 days ago|
DRW vs. Bridgewater Experience/Learning Prestige Salary Location Please help me make a decision thanks. ...
|12||1 week 4 days ago|
Hi all monkeys, Am a trading desk intern at a European bank based on Brazil and I have just realized how insignificant the Brazilian exchange is near to the american financial market and the rest of the world. Just a quick info: Snap's shares traded more in their first 10 minutes, in terms of volume...
|2||1 week 5 days ago|
With new regulations and laws in place ultra high bonuses don't really exist in S&T as far as I'm aware. ...
|4||2 weeks 15 hours ago|
Hi all, Currently a rates trader with an interest in the phys oil/ distillates space. Can anybody recommend some good books/literature on blending? Thanks in advance ...
|1||2 weeks 16 hours ago|
If you're looking for a complete lead distribution system that will not only save you time but also present you with new revenue generating opportunities, you can do no better than boberdoo. Our lead distribution software has been helping lead companies grow their businesses since 2001. Whether your...
|0||2 weeks 2 days ago|
Hey all! Current undergrad student at a target in my country with internship experience in commodities trading. I am looking at my options for when I finish my degree, and am considering various different routes especially seeing as graduate programs (and there are very few openings across the indus...
|22||2 weeks 2 days ago|
Hello, I am getting ready to pref desks for Sales and Trading at a BB bank. The program rotates around sales and trading, however, I was told that most of the trading desks require a computer science/quant background, or at a minimum, to have strong programming skills. I come from an Econ/Finance ba...
|3||2 weeks 2 days ago|
Does a Business degree help you get a Trading job? Also are Finance degrees what employers want in trading or not? I've heard that your degree should be Economics, Maths, Engineering and the sciences. Although I have heard as well a Finance degree or Business degree can still get you in. ...
|5||2 weeks 2 days ago|
I have started reading through Hull to learn more about options and derivatives. I have no previous experience in or knowledge of derivatives. Could someone tell me which chapters must I complete to be ready for internship interviews? ...
|14||2 weeks 3 days ago|
Anyway have some brain teasers they got on interviews and want to share? ...
|34||2 weeks 3 days ago|
I realized that there really isn't much information on prime brokerage on this site, even though it has been a significant source of revenue at bulge bracket banks under the S&T umbrella. I currently work in this industry (one of the big players GS/MS/JPM/DB) and am here to answer any question y...
|122||2 weeks 4 days ago|
Hello, I am a first year student at a Top French B School. I am interested in Trading specifically prop trading. I do not have previous trading experience but I do have a 9 month stint at one of world's largest computer consultancy firm. I have a bachelor's degree in Computer Science and Engineering...
|9||2 weeks 4 days ago|
If I apply for a job at my hedge fund's PB, how likely is it that will come back to my firm through sales contacts and such? It's not a job within the PB business if it makes a difference. Do banks have policies against hiring from their PB clients? What about from S&T customers? This would be a...
|0||2 weeks 6 days ago|
For mutual fund linked structured notes that structuring desk develops (offers 100% Protection + upside to mutual fund), does the trading desk actually go out and buy mutual fund options? If so, how do they trade?... very lost here. thanks in advance! ...
|1||2 weeks 6 days ago|
Hi, does anyone work at OppenheimerFunds that could give me some insight into the company? I'm looking more for the culture, environment, pay scale, people, and how easy it would be to move up. ...
|3||2 weeks 6 days ago|
has anyone a list of smaller boutiques/funds/brokers/asset managers etc... in hong kong / singapore? i remember a thread were people had such a list for the us, which was posted in wso, so would be great if someone had a similiar thing for asia... might be helpful to lots of people, as bb recruitin...
|10||2 weeks 6 days ago|
To put it simply -- a further explanation is below and I have recordings of everything -- I sold options to open set to expire in about a year through Etrade within all their parameters. In fact, I had them write the margin requirements in paragraph form and screen printed the margin calculator to ...
|1||3 weeks 3 hours ago|
Hi, I'm a bachelor student at german target uni with top 5% grades and will start a TAS internship in a few weeks. After that, I'm gonna go to china for a student exchange. The semester there will end in December or early January 2018. Well, because of that I will have a very nice time slot of 3-5 m...
|4||3 weeks 20 hours ago|
Masters Student in Finance here, have internship experiences in corporate treasury, trading FX, and fund management. My FX Dealer senior tells me that the FX market now has lower margins and is more competitive because the FX market is now more transparent. He asked me to consider oil trading. Ano...
|34||3 weeks 22 hours ago|
Im interested in buying snapchat stocks next month and want to know the first steps needed to buy the stock ...
|0||3 weeks 1 day ago|
Hello, So I am on what is know as the emerald isle helping set up new trading desks, new employees and shit, and in true Irish fashion I have been sampling the booze on offer, so right now I am board, slightly drunk and have quite a lot of work to do, (modeling shit and reports), so my question is, ...
|0||3 weeks 1 day ago|
Hello everyone, I would like to learn more about the differences between working and building career in physical and financial trading of standardized products (oil, gas, wheat, corn, cotton, and other products). Those of you who work(ed) in one or another industry are welcome to share your experien...
|32||3 weeks 2 days ago|
I'm looking to move from tech to the financial industry and I've been recommended to go down the trading and/or strats route. I have a quantitative bachelor degree and am studying for my masters in computer science/software engineering (both UK targets) while working full time at a well known tech f...
|2||3 weeks 2 days ago|
So my brother just got out of the military and is interested in the commodities firms like Trafigura, Glencore, Vitol, etc. I saw Traf has a cool 2 year, 8 month rotation grad program. He is having a kid though, and doesn't want to be slogging 80+ hours a week. 60-70, no problem. Anyone have any ...
|4||3 weeks 2 days ago|
Hey all, new guy here and I would like to say that I am happy to be a member. My question is, I have been studying, practicing and just consuming as much information I can about intra-day trading and the market in general. I live near Baltimore and was looking for possible desks to hopefully obtain ...
|9||3 weeks 2 days ago|
Is Trading worth pursuing as a career when algorithms may put me out of a job? Does your job involve adjusting code and would I be able to make enough money to leave the industry before algorithms took over the industry completely or will this never happen? ...
|2||3 weeks 2 days ago|
Hello Everyone, Have been trading for a while, and want to ask some advice about how to get more margin in trading. Currently the most margin I could get is using Interactive Brokers's portfolio margin, which gives me 3x leverage. What are some ways that I can get more margin without using options? ...
|4||3 weeks 3 days ago|
I'm in my early 30s and have been working as a quant dev for 5+ years. I was a VP in my previous role and brought in ~180k GBP. Wanting to get out of engineering, I went back to school to get myself an MBA. I was recently offered an Associate role in S&T at a BB in London, to eventually become p...
|4||3 weeks 3 days ago|
For this summer, I have the option of going to a Structuring team as an intern at a prestigious BB. However, I'm afraid that I'll find structuring too technical). Therefore, I'm wondering: how good are the options with moving from structuring to sales? Does it happen? ...
|3||3 weeks 4 days ago|
What do you guys think about the internship programme from Amplify Trading? Is it worth the money? How is the reputation among investment banks? Thanks. ...
|11||3 weeks 4 days ago|
Is it worth pursuing trading? I am a bit reluctant as the word on the street is that machines will take over. Also, what is the path to becoming a trader? Would I have to be some sort of analyst first? I am sorry for my ignorance, I am just a senior in HS trying to decide the optimal path. I plan on...
|11||3 weeks 5 days ago|
I've cleared the maths and IQ test of flowtraders. For the next step they would conduct 2 technical and 1 personal interview at the campus. Can anyone share what to expect in them. ? I have heard they ask case studies, can someone share how to prepare for them too? Any help is appreciated. ...
|10||3 weeks 6 days ago|
Hello monkeys, stumbled upon a very interesting article: Are robots coming to take investor jobs on Wall Street? Bots are squeezing their flesh-and-blood competition and threatening the jobs of thousands of human brokers in the $20 trillion US wealth management business. Nearly one in three inv...
|31||3 weeks 6 days ago|
Hey guys.. I recently got offers to work on the electronic trading desks at Barclays and Citi. Specifically, I'd be involved with the firms' ET platforms - BARX (Barclays) and Velocity (Citi). I know these positions are not your run of the mill s&t gigs, but I see huge upside for this area of th...
|3||4 weeks 31 min ago|
So basically I can not think of a problem with this strategy, and need y'alls input as to why it is flawed. Let's say I have $50k and use it all to buy a stock with a high moving average and put a sell limit order in at say +8%-10% of the average daily moving average. If I sold it that day, I would ...
|6||4 weeks 18 hours ago|
Hi all, I have a first-round interview for Citi's Markets Analyst program in London next week. I believe they're typically in-person interviews, but as I live in NYC they told me I could do mine over the phone. Has anyone interviewed for this office? Any insight into format/ questions that may be as...
|11||4 weeks 1 day ago|
Has anyone heard of this shop before? They seem to operate in a fairly niche market, but I am wondering if they are really known/would be a good company to intern with?http://www.group-act.com/ ...
|2||4 weeks 1 day ago|
A recruiter from Capital Asset Exchange & Trading reached out to me recently for a trading position in their Texas office. I've done a little research on them but was looking to see what others have heard about them. A quick overview of the firms operations is that they trade semiconductors &...
Carry The Interest
|3||4 weeks 1 day ago|
I can't find any information on them but someone recently told me they underwrite a lot? Just looking for some general opinions ...
|0||1 month 52 min ago|
I have been selected to appear for IMC Trading's first round online aptitude test for an internship in Trading. As far as I know I need to complete 18 questions in 24 minutes. There are three sections: Verbal Ability, Numerical Analysis and Logical Deduction. I would appreciate it if anyone could pr...
|4||1 month 3 hours ago|
I haven't seen any advertising for this yet. Usually tickets go on sale a few months in advance. Does anyone have an updates on this? Monty? ...
|5||1 month 11 hours ago|
For those already in the industry now, curious what your guys thoughts are for trading in the next 5-10 years. East Markets are getting absolutely slammed, there is no more volatility with all the cheap gas builds and it's become an extremely difficult and competitive environment to trade. ...
|32||1 month 14 hours ago|
Hello Fellow Chimps, I need some assistance. I recently got in touch with a firm known as ACT Commodities.. HQ in Amsterdam but has offices in NYC and San Fran. I couldn't find much reviews on firm, anyone heard of them? Know anything about them in terms of work/pay? ...
|0||1 month 16 hours ago|
Hey all, I am a recently graduated electrical engineering (power systems) student with an interest in energy trading. During college, I interned at a small utility for two years as an analyst in their power marketing group, and gained a lot of great experience involving energy markets, energy schedu...
|13||1 month 20 hours ago|
Hello all. I revived a call today from a recruiter from Fortune Trading Group. The firm is located in Chicago and after speaking with him on the phone I'm interested in what they have to offer. After the phone call I started to do some more research on the firm, and other than what is posted on thei...
|0||1 month 21 hours ago|
Debating between SA (junior year) offers from GS securities in NYC & GS IMD (Client Solutions) in another city out west. The people I have met in both divisions are great, and I'm interested in both divisions. I'm curious as to which division is seen as more prestigious/looks better on resume, w...
|6||1 month 1 day ago|
My college career site has a job posting for an equity trading gig at a prop trading firm. The idea is that it's part time hours and full time pay. You work from home and you trade your own professional trading account, only communicating through other traders through webchat. They supposedly teach ...
|5||1 month 1 day ago|
Does anyone know what the standard salary is for their graduate programme? Has anyone received an offer yet? ...
|33||1 month 1 day ago|
Siddhartha Jha's book, Interest Rate Markets, posits that one can convert an upfront cash flow into a running cash flow using duration. An example: Eg.: an investment offers 20bps upfront (ie. .2% of notional). Over 30 years, this would not be 20bps/30, but rather 20bps/15 (15 being the duration of ...
|12||1 month 2 days ago|
Not sure how much actual equity trading you guys do... but can someone point me in the right direction regarding investing material/books/people to follow? I am not a novice when it comes to the basic investing/trading principles but I don't know too much beyond the basics, so I am looking for more...
|0||1 month 2 days ago|
"ADM has not the DNA of a Trader" Did someone seriously said THAT. Come-on Why this silliness ? and "ADM's trading problem can be traced back to 1982"... laughable at best https://www.bloomberg.com/news/articles/2017-02-07/commodity-trading-arm-in-sleepy-swiss-village-trips-up-adm-again ...
|4||1 month 3 days ago|