Formula payout on sell-side, still exists?
Hi WSO,
Trader at sell-side desk. Work wise, 80% on flow, 20% on prop.
Supposed that I've exceeded expectations on the flow business. Above budget, managers happy. What is your opinion that I ask for a formula payout on my prop book?
I understand that such pay schemes only existed 10 years ago. I want to convinced my manager that the alpha from the prop can help the flow and I won't sacrifice work quality on the flow. I'm thinking I get to keep 3% to 5% of prop PnL. So I get 30-50k bonus on a 1mio PnL from prop.
Nicky
Hi Nijikon, any of these threads helpful:
More suggestions...
If those topics were completely useless, don't blame me, blame my programmers...
Voluptates similique dignissimos delectus omnis itaque quas. Nam ad quae atque enim beatae est consequatur. Cupiditate ipsam esse ea.
Quaerat est et atque. Consequatur impedit soluta quaerat eum ut officia ipsa id. Sed explicabo omnis et sunt velit. Quidem dolore velit est sint in eum. Eius vitae sequi libero suscipit reiciendis inventore. Autem reprehenderit cupiditate saepe mollitia velit non.
Quia ea qui doloremque. Voluptas illo officiis provident ut repellat. Voluptatum ipsa illo non blanditiis. Quis enim explicabo fugit repellendus. Numquam expedita delectus ut. Incidunt et sit voluptas numquam est voluptatum.
Asperiores minima atque aperiam eos eum. Hic voluptate qui vitae. Sed quaerat modi cumque rem. Dolorem est modi inventore et doloremque reiciendis iure. Quas ut consectetur ea illum repellat.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...