Optiver vs Wolverine

Hi,

I've been fortunate enough to get an offer from both of these firms for a position as an options trader (Optiver in Amsterdam and Wolverine in London). I have a bit of time to make a final decision and was hoping to get some advice. Below is a list of positives and negatives I have for both firms. Would appreciate if anyone could confirm the accuracy of the below statements/rumours or give any additional points that could help me make a decision...

Optiver

+ Full of smart people, you get a lot of responsibility early on
+ Reputation for paying well (well they used to. I've heard rumours this is no longer the case, can anyone shed any light here?)
- Reputation for getting rid of people very quickly if they don't perform.
- They have a one year non-compete which is applicable even if you get laid off. This is non-negotiable.
- Various rumours about a bias towards Dutch workers in the Amsterdam office (I'm British).

Wolverine

+ Only four traders in the London office meaning I could potentially get a lot of responsibility and move through the ranks quickly.
+ They gave the impression they employ people for the long term and care about the development of their employees.
- Only four traders in the London office. Just how important is London to their overall setup? If the answer is not very much then just how far could I progress under such a setup?
- Total compensation likely to be lower than Optiver but I am not certain on this front.

I am leaning towards Optiver, it seems like the more exciting option. But by the same token it's also the more risky one. I have no previous experience a trader. I would like to believe I will be a successful trader but you never know and it could be pretty damaging to my career if it doesn't work out and I lose my job quickly at Optiver. Does anyone know how enforceable this non-compete is? Supposedly it applies to "finance related jobs" which is rather vague - would they really fire me then stop me from working at say an investment bank or something else that isn't directly related to HFT?

All advice much appreciated.

3 Comments
 

Fuga unde est molestias ea. Doloribus assumenda qui ut id magni mollitia autem. Totam aut fugit autem delectus ut nobis suscipit. Ratione in nobis ea harum rerum sint nihil.

At nesciunt fugiat totam est ut voluptates molestias. Et neque aut quasi velit voluptates qui. Temporibus eos omnis earum fuga. Labore deleniti quam in illo sed asperiores natus dolores. Reiciendis fugiat error sunt magnam. Voluptatem numquam repellat consectetur enim non veritatis.

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.2%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.2%

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.8%
  • JPMorgan 01 97.2%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (47) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (25) $178
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (83) $151
  • Intern/Summer Analyst (74) $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
kanon's picture
kanon
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
dosk17's picture
dosk17
98.9
6
CompBanker's picture
CompBanker
98.9
7
GameTheory's picture
GameTheory
98.9
8
DrApeman's picture
DrApeman
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
Jamoldo's picture
Jamoldo
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...”