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 3 weeks ago|
say I had 1000 bucks and wanted to buy some stocks, what's the cheapest online trading platform that I could use - buy and hold strategy, I'd probably put 500 into 1 stock and 500 into another and sit on my hands for a year. ...
|35||14 min 29 sec ago|
So, I've been at the same small (<10 people) prop trading firm in Chicago for almost 5 years now. Started a year after college as an assistant trader and have run my own book for about 4 years. Over the past two years, I developed a very profitable equity options/dispersion trade on my own, and i...
|4||4 hours 13 min ago|
I will like to build a successful independent physical commodities trading house and need some advice ...
|2||5 hours 11 min ago|
Suppose I have a long term position in equities, and I would like to hedge against a rapid rise in interest rates. What's the ideal way of doing this (and how do I quantitatively decide how much of the hedging instrument to buy)? ...
|48||7 hours 45 min 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...
|24||12 hours 16 min ago|
Seriously, it's time to settle this once and for all. ...
|6||16 hours 17 min ago|
Ya that nice post but we also need to know about all the section about how to buy email database its important for any person who want to create online email marketing campaigns link directory submersion. ...
|1||1 day 4 hours ago|
Hi Prop Traders, looking for new products in order to diversify risk from my P&L, and would like to share insights to trade energy products in exchange of current strategies working for you. Starting: -Making more than 80.000 Euros a year trading energy products. -Not making profits in STIRS or ...
|0||1 day 9 hours ago|
The need to create content in advertising has developed so foundational that you can't generally overcome a day without catching wind of it, perusing about it and maybe worrying about it. The Marketing Hourglass by Duct Tape Marketing Advertisers are starting to think and act more like distributers ...
|0||1 day 23 hours ago|
So, with IB and most other FO roles, there seems to be many cookie cutter career paths that you can easily search. However, I cannot seem to find anything for a career paths in the trading tech/quant strats. If say you were to get an internship in one of these type of roles during undergrad (think t...
|1||2 days 5 hours ago|
Hello Everyone, This is my first post and I kindly ask for your help. So basically I have been struggling to land a summer internship. I'm a Senior at a SUNY Binghamton with a decent gpa. I've applied to basically everything and have networked with a bunch of people. Anyway, I have gotten some help ...
|4||2 days 6 hours ago|
Hey monkeys, i have been a long time reader at WSO and from tomorrow my summer vacations are going to start and i am kind of trying to study trading. I have openend a demo account via GCI trading thingy and i wanna know how to use ( i mean what kind of commodities should i focus on) and if someone c...
|0||2 days 23 hours 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...
|139||3 days 1 hour ago|
Any one have the ACI dealing Certificate? I'm starting a career in Treasury and i'm looking at getting it done. is it hard? couldnt really find that much info about it. Thanks. ...
|5||3 days 8 hours ago|
I am a second-year applied computer science undergrad student and I need to choose my syllabus for my third and last year of studies. I want to work in financial services and I actively pursue opportunities in this area. I asked a couple of people working at sports betting companies and they told me...
|1||3 days 10 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 days 12 hours 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 ...
|46||4 days 9 hours ago|
Hello WSO. I just accepted an internship offer at a top bulge bracket bank for S&T this week. My only issue right now is that the internship is NOT rotational so I have to make sure I'm on the best desk for me this summer. I know this is mainly an IB forum so I've been having a hard time finding...
|36||4 days 10 hours ago|
I recently started at a large firm that trades on ERCOT (prefer not to disclose which one but there aren't many so you can probably guess) on their market risk desk. Their IT needs some improvement but management is open to new ideas. I came from a PWM background so I'm fairly new to this, but what ...
|2||4 days 12 hours ago|
There are many different kinds of business in the financial world which can give you a decent amount of profit. But compared to any other business in the world trading, the financial instrument is way more advanced and offer better profit potential to the traders. If you look at the professional tra...
|0||4 days 19 hours ago|
I am about to start a new job equity trading and originally thought I would need to take the Series 55. As of January 2016, the Series 55 is no longer the Securities Trader Exam, it is now called the Series 57. Have any of you taken the exam and if so, which service did you use for exam prep/pract...
|11||5 days 10 hours ago|
Hey I have a bonus compensation meeting this week and am wondering what's standard profit share % for traders. Need to be ready to negotiate. Thank you. ...
|1||5 days 10 hours ago|
Hello, currently I am a 2nd year analyst in a BO Product control role at a BB Bank. My main career aspiration is to break into an S&T role but I have recently been presented with a pretty unique opportunity. I've been offered the opportunity to take a job overseas in the UK, doing essentially th...
|1||5 days 13 hours ago|
What is the impact, if any, of a bear market on the number of Sales & Trading roles at BB firms. ...
|0||5 days 19 hours ago|
Hello, I'd like to ask you what it means to quote: -at the market -in trend -in position Thanks! ...
|0||6 days 6 hours ago|
Hey everyone, I am a new user here so if I screw up etiquette wise please forgive me. I am a junior at UofM studying economics (econometrics and international economics mainly) and I somehow landed an interview with Morgan Stanley for a commodities trading internship. It is a 2 hour long interview a...
|19||1 week 3 hours ago|
Has anyone here worked at Akuna? How is the firm for a college student just getting into trading? Is the name good? I know it's new so it's not as well known as some of the well-established prop shops. I know it's also not as good as somewhere like Jane Street, but how does it stack up against other...
|8||1 week 3 hours ago|
I have a superday for six rounds with AQR soon for a position in the Global Trading Strategies team. This is a trader intern position. Has anyone interviewed with AQR before? Any tips on what kind of questions I should expect? Thanks a lot! ...
|0||1 week 7 hours ago|
Morgan Stanley Fixed Income HK SA ...
|22||1 week 9 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? ...
|1||1 week 9 hours 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...
|106||1 week 22 hours ago|
Hi there Does anyone work (or have worked) at Irving Oil in Saint John, NB? Interested to hear your thoughts on the company, the refinery, and associated job prospects. What is the upwards trajectory for someone there vs someone in Calgary given the same skill set which is largely supply and trading...
|1||1 week 1 day ago|
Should I have poker on my resume if I have played professionally for 6 years? I have a large sample size (nearly 1M hands). I was also wondering if i should have my winrate in BB/100 or if i should make it simple. How would an ordinary market making firm interpret me playing poker? Or should i just ...
|2||1 week 1 day 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 ...
|16||1 week 1 day ago|
Hi all, I am not an American and I hope to work in the US, in finance. I will be at a US college this coming year, starting my freshman year. I hope to attend a US graduate school, possibly for MS in Finance, or MS in Financial Mathematics, or a similar degree. I was wondering whether it is possible...
|1||1 week 1 day ago|
Hi guys! I am trying to learn more about the world of Rates and I was just wondering if any Rates Traders out there would be able to recommend a couple of books. I was in particular looking to get a more technical/ mathematical understanding of rates, starting from the basic topics and then moving u...
|0||1 week 1 day 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...
|11||1 week 2 days ago|
Read through the Series 86/87 recent posts and concerned about the disconnect b/w the questions STC provided and the actual test. Just wondering if anyone who took the test recently had any input on how close the STC materials were to the actual test? Were questions from the supplemental exam on the...
|4||1 week 2 days ago|
I am from a European country, and I would like to break into prop Trading in the US. Since I am European, I need at least a Masters degree from the US In order to get into a good Masters in Finance program, I need Front office experience. Poverty European country, literally doesn't have Front Office...
|0||1 week 3 days ago|
Just wondering if the title of trading assistant for a summer internship at an investment bank means the equivalent for Summer Sales and Trading analyst? The term "trading assistant" is very vague, not sure if it means that im a trading assistant for the Summer, or that I am actually doing the suppo...
|0||1 week 3 days ago|
Hi guys, I might have the opportunity to transition into a FX Analyst role. Part of the Job description requires me to produce daily write ups on FX pairs using both fundamental and technical analysis. Hopefully you guys have some resources or tips that I can use to enhance my writing skills. Thanks...
|0||1 week 4 days ago|
Hi, I have an assessment center with MS later this week for their IED prime brokerage division (S&T, I am aiming for a sales rather than a trading position) for the industrial placement program. I am worried about the individual case presentation and group presentation, as I have limited technic...
|4||1 week 4 days ago|
There was a discussion on WSO a little while ago where someone posted a link to a PDF that showed a pretty nice comparison of the different fixed income desks at the top banks. It has little circles that were coloured in different amounts based upon the relative weight each bank's desk had in diffe...
|22||1 week 4 days 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...
|4||1 week 5 days 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...
|58||1 week 5 days 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 ...
|2||1 week 5 days ago|
Hello,I am up for some quant interviews and I have heard about these books.Would be really really glad if someone can provide me with the pdf. Someday the good deed will be repayed. 1.Heard on the Street 2.A Practical Guide To Quantitative Finance Interviews 3.Quant job interview questions and answe...
|0||1 week 5 days ago|
Hello everyone, I was thinking about starting to trade options and I came across this website called "optionalpha". Do any of you guys know this website? If yes, what is your opinion on it? I'm not in college yet and I have no experience with trading, but I think that I am really interested in tradi...
|0||1 week 5 days 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||1 week 5 days 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||1 week 5 days 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||1 week 5 days 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||1 week 6 days ago|
Has anyone had success getting a TN Visa for a sales & trading analyst role? sales? trading? If not, what other Visa? ...
|0||1 week 6 days 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 week 6 days 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 week 6 days 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 week 6 days 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 week 6 days 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||2 weeks 45 min 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||2 weeks 3 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||2 weeks 8 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||2 weeks 9 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 weeks 18 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 weeks 1 day 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||2 weeks 3 days 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||2 weeks 3 days 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||2 weeks 3 days 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||2 weeks 4 days 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||2 weeks 4 days 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||2 weeks 4 days 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||2 weeks 4 days 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||2 weeks 5 days 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||2 weeks 5 days 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||2 weeks 5 days 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||2 weeks 5 days 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||2 weeks 6 days 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||3 weeks 6 hours 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||3 weeks 7 hours ago|
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|1||3 weeks 8 hours 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||3 weeks 10 hours 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||3 weeks 18 hours 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||3 weeks 1 day 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||3 weeks 1 day 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||3 weeks 1 day 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||3 weeks 1 day 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||3 weeks 2 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||3 weeks 2 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||3 weeks 3 days ago|
DRW vs. Bridgewater Experience/Learning Prestige Salary Location Please help me make a decision thanks. ...
|12||3 weeks 3 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||3 weeks 4 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||3 weeks 6 days 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||3 weeks 6 days 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||4 weeks 1 day 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||4 weeks 1 day 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||4 weeks 1 day 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||4 weeks 1 day ago|
Anyway have some brain teasers they got on interviews and want to share? ...
|34||1 month 10 hours 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||1 month 15 hours 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||1 month 1 day 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||1 month 2 days ago|