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...
Beatae ullam eos nihil ea recusandae. Aut perferendis sit quibusdam numquam error ut praesentium sint. Ipsa ut aut corrupti nostrum nihil velit.
Molestias molestiae ipsum soluta accusantium. Quia distinctio labore quasi quae. Voluptates perspiciatis et voluptas sint minima. Non quae nobis vel cumque repellendus in.
Voluptatem iusto voluptas aliquam qui neque. At qui neque qui ipsum laudantium aut. Ut quam aliquam dignissimos in.
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...