RT Trading in UK Prospects and Career Path
Hi everyone! I recently accepted a shift trader job for a utility company in the UK. I understand that util is a great place for me to learn and would like to stay for 2-3 years before deciding on possible career shifts to other companies (merchants, majors, banks, HF, etc.). Hence, I would like to consult the community on several questions I have:
-Career progression for a RT trader at a utility company in the UK (how long to move further out the curve, how transferrable are the skills? Would it be possible for me to move to EU/US/Japan power trading
-prospects in staying in UK power vs moving over to gas
-What is the ballpark figure for power trader based on experience and role? ( not too many data points online, and I felt that I was lowballed but I still took it because I recognize it is a learning opportunity and what I would be earning in the future will dwarf 10-15k annual salary difference)
-any recommended topics I should read on (how deep my maths/stats knowledge should be and what recommended books/podcasts I can look into)
Thank you very much for your kind responses beforehand.
RT trader or "intraday" is a great place to learn the power market. Probably the most promising part of the market in power trading but despite that I think its a shitty market to be in from a trader's career perspective
Would recommend not staying in the role longer than 2 years if you want to progress towards trading the curve. Try to make an internal move to day ahead/short term trading if possible would probably make it easier down the road
Officia alias aspernatur dolor incidunt natus. Aperiam distinctio quis officia aut voluptate deleniti. Architecto sed ut sequi quia excepturi dolorum commodi.
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...