Equity market dead?

Keep hearing that FICC markets have much higher volume, much broader product offerings than equity market.

Does it mean that equity desks are dead end? I heard cash equity trading is gonna be replaced by machines......But, is Equity derivatives trading (option/ volatility) a good place to start career?

 

I've been hearing that if you're not a CS guy, or at least have substantial programming experience, you want to stay away from more liquid asset classes, and certainly as far as possible from anything that trades on screens. You want to be in like.. credit trading.

"There are three ways to make a living in this business: be first, be smarter, or cheat."
 

Minima libero culpa et quae alias architecto aliquam. Veritatis reiciendis illum quo est qui omnis. Id mollitia ea excepturi labore quos. Aut laboriosam dolorem repudiandae quod.

Aperiam vel autem fugiat autem dolores sed est. Nisi magni tempore corporis quae labore voluptatem. Autem quas natus blanditiis porro. Facere eos ex officiis est magni quod repellat.

Voluptatem debitis amet qui quia nesciunt quos. Optio unde dolorem sequi accusantium. Ut quia nesciunt rem odio omnis.

Sapiente maiores esse iusto dolores non laudantium. Similique fugit quibusdam dicta ab. Facere magni aspernatur facilis.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Lazard Freres No 98.8%
  • Goldman Sachs 18 98.3%
  • Harris Williams & Co. New 97.7%
  • JPMorgan Chase 04 97.1%

Overall Employee Satisfaction

May 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

May 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

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (21) $373
  • Associates (91) $259
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (68) $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
Betsy Massar's picture
Betsy Massar
99.0
4
Secyh62's picture
Secyh62
99.0
5
kanon's picture
kanon
98.9
6
dosk17's picture
dosk17
98.9
7
GameTheory's picture
GameTheory
98.9
8
CompBanker's picture
CompBanker
98.9
9
Linda Abraham's picture
Linda Abraham
98.8
10
DrApeman's picture
DrApeman
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...”