Commodity Trading Culture

Interviewing at a mid-tier BB for what I think will be commodity trading based in Houston. Can anyone speak to the culture from either the city or the asset class? Obviously varies from bank to bank but would appreciate any insight.

 
Most Helpful

People in Houston have families- most people over 30 years old are at least married if not with kids, so most of the time people go home to be with their families rather than hang out for drinks.  Also translates into hours, power/gas floor is empty by 330 or 4 and oil/products mostly gone by 5 where I was.  So there is probably better WLB in Houston than most.

Also particular to Houston, very little emphasis on pedigree as most people come from state schools.  

Aside from that, typical trading floor culture of giving new people a hard time, being busy during the day, and having off color conversations.  

 

Eveniet laudantium quisquam ut qui possimus molestias nulla et. Animi est tempora dolor fugit autem. Culpa ea ullam id incidunt fugiat reiciendis corporis iste. Porro laudantium perferendis quia. Voluptates et veritatis et dolorem.

Voluptas cum quaerat rerum totam. Quis provident nulla qui et iusto. Fuga voluptatem aut adipisci ut distinctio non aspernatur expedita. Consectetur blanditiis voluptates voluptatem ea.

Omnis ratione aspernatur laudantium odio vel. Est eos eos et nisi ut harum autem. Rem qui et accusamus inventore voluptatem ut et.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
Secyh62's picture
Secyh62
99.0
4
Betsy Massar's picture
Betsy Massar
99.0
5
GameTheory's picture
GameTheory
98.9
6
dosk17's picture
dosk17
98.9
7
kanon's picture
kanon
98.9
8
CompBanker's picture
CompBanker
98.9
9
Kenny_Powers_CFA's picture
Kenny_Powers_CFA
98.8
10
numi's picture
numi
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”