TOP desk for Sales

Solely from a compensation point of view, what desks would be the more interesting to work on ?

Type of product:
How would you rank the following ?
Fixed Income / Equity / Fx / Commos

Clients:
Also what kind of client is it more profitable to work with ?
Instits / Corpo / Hedge Funds / Asset managers ?

Complexity of product:
Now I understand we are going toward more simple products so I assume Cash is better than derivatives/structured products but for how long ?

Thanks for your views on this

 
jeedog:
Solely from a compensation point of view, what desks would be the more interesting to work on ?

Solely compensation, or interesting product? This makes no sense.

jeedog:
Now I understand we are going toward more simple products so I assume Cash is better than derivatives/structured products but for how long ?

nope, more volumes in equity exotics in 1H09 than 06-08.

 
Best Response
Jay Buhner was sweet:
jeedog:
Solely from a compensation point of view, what desks would be the more interesting to work on ?

Solely compensation, or interesting product? This makes no sense.

jeedog:
Now I understand we are going toward more simple products so I assume Cash is better than derivatives/structured products but for how long ?

nope, more volumes in equity exotics in 1H09 than 06-08.

I would argue that it depends on the type of exotic. A lot of the more complex products churned out by BNP and SocGen aren't nearly as active as they used to be.

As for the OP... there isn't a ranking. It depends on what you are interested in and what you are good at. Would you prefer derivs or cash? Current hot sector or not?

Jack: They’re all former investment bankers who were laid off from that economic crisis that Nancy Pelosi caused. They have zero real world skills, but God they work hard. -30 Rock
 

I dont know why one's question regarding what mix of type of product/client/complexity of product brings in more commission/volume for Salespersons would be that a silly question

After having an idea of that, I would make up my own mind and I do have my preferences anyway.

Never have asked what kind of salary was expected before chosing a job ? tsss

 

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