Have currently worked at a very well known options market maker for 3-5 years (think Belvedere level). I've found a headhunter who's found me a couple of positions at some second tier trading firms (think TMG, Peak6 level). What is the going rate for a trader of my experience?
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Bump. If there are any experienced traders here with any insight on this topic?
If you don't mind me asking, what's making you want to move companies?
Boss is a prick but has been there for 20 years so he's there to stay. I want to keep trading my product but don't want to work under current boss.
If you don't mind what was your entry level pay rate? Also how did it progress til your departure? What was your experience while there, all market making, could you take positions,etc?
Started at 100k all in, increased by about 50% each year. This year is supposed to be good.
All market making. You inherently take short term positions when market making. Did take some small long term positions as well but strength is market making.
Dont sound bad at all, but could understand wanting more of the action. Hope you find a better deal.
why wouldn't you ask for a % of your P&L?
do you have a replicable strategy with edge? can you describe it?
what was your p&l for each of the last 2 years?
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