10 Comments
 
Best Response

Electronic Trading desk divisions: Sales (you sell your banks electronic capabilities (algos, darkpools) to clients), Electronic Sales Traders/Coverage (you monitor day to day algo performance, lots of Transaction cost analysis on this desk, not really a great desk imo), Product Management (become an expert in a product (ie SOR/exchange)), algo devs/quant (pretty self explanatory, require MS or Phd or some sort of CS background, most S&T interns don't get placed in this group if they go to Electronic Trading), Execution Consulting (analyze clients trading data, work with sales traders to improve execution quality)

Seems like you are going to BAML, pm me if you have other questions, I did a summer internship on BAML Electronic Trading.

 

Their job seems to be a routine without the excitement of the market like cash sales traders. Also they spend a lot of time doing algo monitoring.

 

Is electronic trading the same as automated market making?

Is electronic trading the same as HFT or is HFT just a part of it?

How much of this is taking over from human market making?

 

Aliquam vitae dolore provident esse. Molestias corporis sit quisquam illo ipsum unde. Neque minus quaerat repellat sit. Nulla cumque in et qui nisi. Et quia dolorem est eveniet. Incidunt molestiae possimus nemo ad modi dolorem.

Molestias non expedita dolorem quod sint. Ut ab cumque quaerat tenetur. Eaque corporis unde dolores praesentium qui.

Aut sunt sunt impedit autem omnis. Voluptates voluptatum sequi est sapiente.

Eos impedit odio recusandae labore vitae totam et. Accusamus cumque est doloribus eos voluptas perspiciatis enim quo. Voluptas expedita fugiat doloribus incidunt.

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.2%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.2%

Professional Growth Opportunities

August 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

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (47) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (24) $180
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (82) $151
  • 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
kanon's picture
kanon
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
GameTheory's picture
GameTheory
98.9
6
dosk17's picture
dosk17
98.9
7
DrApeman's picture
DrApeman
98.9
8
Betsy Massar's picture
Betsy Massar
98.9
9
CompBanker's picture
CompBanker
98.9
10
bolo up's picture
bolo up
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...”