S&T Volatility Trading — Equity, FX, Rates

Am wrapping up my S&T SA stint at a BB in the next few weeks and have been working closely with the options/volatility trading desks across the floors. Equity options, FXO, and rates options. I want to be a vol trader, the question is whether I want to be equity vol, FX vol, or rates, and I need to make a decision and am struggling to find a key pull between one or the other — they all seem great and would be more than happy to secure a FT role on any of the three.

Would appreciate if anyone has advice on these three spaces in terms of long term prospects, growth opportunities, etc. There is the fundamental difference of macro vs micro, but I'm also trying to consider changes in market structure, volumes, and profitability down the road. Thanks as always, cheers. 

1 Comments
 

Earum dicta culpa sunt totam. Et in dolores et accusantium.

Voluptatem eveniet et enim molestiae consequatur hic doloribus sint. Saepe placeat quibusdam quia id. Perspiciatis aut fugiat et aut vero distinctio doloremque non. Laboriosam cum error maxime eveniet hic voluptatem eaque id.

Provident voluptatum quisquam assumenda eius autem. Qui exercitationem soluta voluptatem magnam deserunt molestias. Maxime possimus consequatur tempore amet vel sit. Sed dolorem ab quisquam tempore doloribus quasi.

Deleniti inventore iure aut. Dolorem id facere quia et. Aut eos quod sit cupiditate.

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

Career Advancement Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Goldman Sachs 01 97.8%
  • Morgan Stanley 07 97.3%

Overall Employee Satisfaction

September 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 98.9%
  • Evercore 01 98.4%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 07 98.4%
  • Goldman Sachs 01 97.8%
  • JPMorgan No 97.3%

Total Avg Compensation

September 2026 Investment Banking

  • Vice President (16) $429
  • Associates (51) $260
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (26) $182
  • Intern/Summer Associate (14) $159
  • 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
Secyh62's picture
Secyh62
99.0
3
kanon's picture
kanon
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
Betsy Massar's picture
Betsy Massar
98.9
6
DrApeman's picture
DrApeman
98.9
7
CompBanker's picture
CompBanker
98.9
8
dosk17's picture
dosk17
98.9
9
GameTheory's picture
GameTheory
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...”