17 Comments
 
MartinghoulWanting to be a prop trader in a bank is probably a somewhat wrong thing to want at the current juncture. Why don't you want to be a prop trader, period, instead?
sorry, what do you mean?
 

prop trading at banks in the US is now largely wound down, due to the Volcker Rule part of Dodd-Frank. some banks that do not take US deposits (e.g. Nomura) still have prop trading in their US offices though.

while not strictly necessary, you might have to take the easy exams (e.g Series 7 and 63) depending on the trading product. anyone who gets the job should have no trouble with these tests.

 
justin88prop trading at banks in the US is now largely wound down, due to the Volcker Rule part of Dodd-Frank. some banks that do not take US deposits (e.g. Nomura) still have prop trading in their US offices though.

while not strictly necessary, you might have to take the easy exams (e.g Series 7 and 63) depending on the trading product. anyone who gets the job should have no trouble with these tests.

may i ask what kind of skills do you need to be a trader?

 
Best Response
hzsh2009
justin88prop trading at banks in the US is now largely wound down, due to the Volcker Rule part of Dodd-Frank. some banks that do not take US deposits (e.g. Nomura) still have prop trading in their US offices though.

while not strictly necessary, you might have to take the easy exams (e.g Series 7 and 63) depending on the trading product. anyone who gets the job should have no trouble with these tests.

may i ask what kind of skills do you need to be a trader?

you need to make money on a risk-adjusted basis.

 
WallStLikeHomeDepotCauseItsFullofFuckingToolsWhat exams / certifications are needed for the following job?

http://www.hrg.net/job-listing/35/

do we need to take the series 7 or anything like that? do we have to be registered with FINRA?

you need a PhD guy... I think I am going to apply cause i got a PhD...Pretty HUGE D!ck

Eventus stultorum magister.
 

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TRUE STORY: The prospect asked me, "What's it like to work at ****?" I asked him, "You ever been to Home Depot?" "Yes" "Well, it's like that. It's full of fucking tools." And he stared, innocently wide-eyed and nodded with deep understanding

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