Q&A COMMODITY TRADING: Commodity Hedge Fund from Physical Commodity Trading// Exit Ops//Compensation
1- how do you break into a Commodity Hedge Fund from a Physical Commodity Trader (e.g Vitol) after having been trained in Mid Office (Deals Desk/Traffic) as a junior?
2- what are generally the exit opps from Commidity trading? How easy is it to move from a Phy.Trader to IBank Comm. Trading/Sales desk? Can you make a career "jump" from 2 years junior at Phy.Trader to Associate/VP in IBank? Do you need an MBA?
3- What is the Compensation like for a junior TRADER (3rd year analyst) at Vitol?
Cheerio
im just a student interested in the area but will try to shed some light... 1. main way is to do a trader trainee program. there is usually some formal method to become a trader after 3ish years as an analyst 2. commodity trading is the exit opp. this isn't IBD. people actually enjoy doing it. Generally people want to leave a bank and go to a trading house, not the other way. The training at an oil major/trading house is far superior to what you'll get at a bank. Nobody cares about your MBA.
All spot on. Very misguided questions...
more on q 1- commodity hedge funds will recruit from the trading shops, but keep in mind running a book at these shops is like running a small hedge fund. good traders do speculative trading, you keep a % of the earnings.
Omnis velit aliquam quia perspiciatis deleniti quo. Corrupti provident voluptatem autem voluptatem. Ut et voluptate laudantium tenetur voluptas.
Dolorem ut et omnis dolores deleniti mollitia amet aut. Pariatur libero ducimus consectetur officia. Eum fuga ad nihil nihil. Ut velit veniam sint iusto eos. Numquam vero culpa quo id distinctio repellendus. Quidem ex quia et ducimus aut cupiditate. Dolorem iusto ea dicta perferendis rem debitis ipsa ut.
Expedita nam accusantium numquam sint et vitae. Officiis soluta et nulla id provident tenetur et. Est in non modi assumenda. Sit quia itaque esse rerum in iure suscipit voluptatum.
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...