Equities Trading at MM?

Looking for general insight into Equities Trading in the MM space.

  • What role does an Equities Trading Department play for an MM?
  • What does day-to-day look like as a Junior Equities Trader? Responsibilities?
  • General insight into Equities Trading at an MM?
2 Comments
 

I recommand google "citadel securities systematic trader", it has a pretty clear description

equity MM is on-exchange, highly automated, which means as a trader, you don't have a book, your primary responsibility is to make sure the automate system works as expected, your day to day will be split between managing trading systems, managing IT release, working on project to reduce human operational risk ... the more "sexy" part is to leverage the market structre infomation to generate idea to improve MM strategies. 

In smaller shops, the line between QR and trader can be blur.

 

Sed fuga atque quidem fuga. Deleniti quia atque tenetur est. Quia non corporis repellat eligendi fuga. Reprehenderit libero officiis cumque facere fuga dolores repellendus.

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 02 98.9%
  • Evercore 01 98.3%
  • BMO Capital Markets 12 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.7%
  • JPMorgan No 97.1%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (15) $434
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (79) $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
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
kanon's picture
kanon
99.0
5
DrApeman's picture
DrApeman
98.9
6
GameTheory's picture
GameTheory
98.9
7
dosk17's picture
dosk17
98.9
8
CompBanker's picture
CompBanker
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
Mimbs's picture
Mimbs
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...”