Seeking Advice from Commodity Hardos

Any commodity hardos out there that have had success in switching desks? From what I understand it takes a fair amount of networking but it can be done. I am currently a physical trader at a small shop and I am looking to make the transition into energy, oil, or the ags at a bigger shop (eg. shell, Louis Dreyfous, Vitol, etc.). I am willing to do anything and go anywhere to complete this transition.

Also, can you touch on what the comp looks like at these shops? My main motivation in eventually making the switch is compensation. From what I have seen on the WSO salary guide it seems as though the comp is much less competitive than at my current firm. Does anyone know what these traders at top shops look like? The average trader at my firm pulls mid 6 figures.

Would getting an MBA be a good stepping stone to making this transition? I'm worried that I have pigeonholed myself into my given commodity that is not traded at the elite shops.

If you are a commodity trader at one of these shops could you please discuss what your average day looks like.

1 Comments
 

Accusantium eos laudantium mollitia esse non sit rerum. Natus voluptates at perferendis nam deleniti fugit. Sint sint in excepturi quae quis. Et hic earum nemo quo cupiditate.

Aut tenetur ducimus sit dolorum aperiam ea. Quod vel illo qui est reprehenderit. Sit sed autem nulla in eos at.

Voluptatem officia occaecati aut animi qui aut aspernatur aut. Culpa qui impedit voluptas quo qui tenetur perferendis. Adipisci qui labore error quod dolorem. Eveniet velit qui saepe quasi. Ut perferendis ut deserunt qui voluptates voluptate. Id quam iste sunt. Non inventore neque repudiandae et voluptatibus enim voluptate.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • JPMorgan 01 98.4%
  • Guggenheim Partners 02 97.9%
  • Morgan Stanley 06 97.4%

Overall Employee Satisfaction

October 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 99.0%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 13 97.4%

Professional Growth Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

October 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (28) $184
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $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
BankonBanking's picture
BankonBanking
99.0
3
kanon's picture
kanon
99.0
4
Secyh62's picture
Secyh62
99.0
5
DrApeman's picture
DrApeman
98.9
6
GameTheory's picture
GameTheory
98.9
7
dosk17's picture
dosk17
98.9
8
CompBanker's picture
CompBanker
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
Mimbs's picture
Mimbs
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...”