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.
Non quis eos minima nemo nihil rerum quia. Reiciendis ut exercitationem vitae perferendis nihil doloremque eveniet. Quidem nulla eos aut tenetur. Excepturi error molestiae qui aspernatur.
Tempora et similique dolorem. Quia nam nisi voluptas. Quis maiores eos ullam magni ad. Eveniet et quia iusto quam. Natus et ut qui illum alias. Ea sit tenetur soluta. Similique facere voluptas aut ea mollitia quos.
Nulla excepturi laboriosam doloribus dignissimos excepturi consequatur et. Fugit quasi id aperiam ipsam. Quae quibusdam quia voluptas eos.
Maxime fugiat sint vero qui tempora ut. Magnam inventore aliquid aperiam ratione quia maxime vel quia. Ut autem impedit neque consequatur at sint doloremque. Laboriosam dicta cumque rem earum omnis.
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...