Does anyone have information on standard salary/bonus for Gelber Group for algorithmic and discretionary traders?
Thank you in advance, would really appreciate any and all information!
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Salary will get you by in Chicago. Their bonus structure is actually very good but it's truly eat what you kill. However it usually takes a few years before you can make some serious money. Algo / Discretionary traders go by the same salary/bonus system but the algo traders definitely make more on average.
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I heard they get 35% of their PNL.
Anyone heard about Gelber Group (Originally Posted: 10/24/2013)
Hi has anyone heard about the Gelber Group? They recently opened a san diego office as well. How is it? Is it a good place to start a career in trading?
I happen to have the same question. Got a phone call from some guy in their San Diego office, talked about summer internship in trading. However when I search Gelber on glassdoor I found the average salary of traders is like 30k+...I understand for traders the bonus is the big part but shouldn't base salary be at least 50k or 60k, just like other prop-trading shops?
Gelber Group (Originally Posted: 02/06/2013)
Anyone have any info on Gelber? LinkedIn profiles are pretty impressive but was looking for someone to shed some more light on their rep, etc.
bump.
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