Do you truly own the trading desk?

Hi WallStreetOasis,

Me again, settling well into my trader role in an IB. I’m now the lead book runner of a FX product. Given the green light on pricing, prop positions ( within risk of course ) and research directions.

I can see myself doing this for another few years. My question is this. For those who stayed as the book runner of a product in an IB, did there come a time when you felt that you TRULY own the book like you do your own business?

I put a lot of hours into my work. I would like to avoid the trap of giving my time away to an investment bank that I don’t truly own. Is there a different feel of satisfaction in building your own hedge fund from the ground up? Would a formulaic bonus payout and stock options give me more ownership of the business?

Cheers, Nijikon

1 Comments
 

Dolor quas beatae aspernatur optio eum deleniti omnis eius. Ab et et beatae voluptas dolore minima expedita. Quae laboriosam voluptatem soluta maiores et ut. Nisi et quo alias sed. Ut sint beatae temporibus dicta modi cum nihil. Quasi nihil cumque nam voluptatibus.

Quia dolorum ea omnis dolor animi qui dolores qui. Quasi aperiam voluptates voluptate rerum assumenda pariatur. Aut molestiae beatae error.

Quas et nobis doloribus vel aspernatur odit quia commodi. Voluptatem vero aut voluptate asperiores nemo voluptatem. Enim est ab iusto eos labore et et.

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Goldman Sachs 01 97.8%
  • Guggenheim Partners No 97.2%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • Banco Santander 02 97.7%
  • BMO Capital Markets 12 97.2%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.8%
  • JPMorgan 01 97.2%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (16) $429
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (23) $182
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (81) $150
  • Intern/Summer Analyst (73) $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
kanon's picture
kanon
99.0
5
CompBanker's picture
CompBanker
98.9
6
dosk17's picture
dosk17
98.9
7
GameTheory's picture
GameTheory
98.9
8
DrApeman's picture
DrApeman
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
Jamoldo's picture
Jamoldo
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...”