+21 Commodity vs Fixed Income Trading 1 7y
+21 How does the metals derivatives market work? 2 6y
+21 Programming on the job (non-quant) 6 7y
+21 How many people work in S&T in each BB? 5 6y
+21 What were your experiences with applying and interviewing for Global Graduate Programs with trading houses like Trafigura? 11 6y
+21 Goldman Sachs Securities (Sales and Trading) Superday Aug. 20 - How to Prepare and What to Expect 8 6y
+21 SMIFC and Voleo Student Competition 1 6y
+21 Going for graduate or waiting... need your advise 5 6y
+21 Physical Trading vs. Mkt Making 3 6y
+21 Finding reputable headhunters 1 6y
+21 SIG vs. Flow Traders New Grad Trading Role 5 2y
+21 Trading risk vs market risk 12 6y
+21 Goldman Sachs Securities, Management&Strategy, Equities, Prime FM Associate Role 1 6y
+21 From institutional sales in BB to trading or IM 1 6y
+21 How much do S&T analysts get paid 28 5y
+21 Can we start a forum for quant trading/quant research? 20 6y
+21 Interviews? Can I Still Break In? 5 6y
+21 Exit opps for S&T (More focusing on sales) 2 6y
+21 Jefferies SA 2021 FI S&T- First Round Interview 28 5y
+21 Modeling Trading Volume 2 3y
+21 Difficulty understanding metals hedging 7 5y
+21 S&T Question: Why is IG quoted in bps spread and HY in price? Convention or something more? 7 5y
+21 Breaking into Prop Trading 1 5y
+21 Breakdown of interview screening 8 5y
+21 BB Trading analyst: looking to jump to software engineering 4 5y
+21 Advice for S&T SA? 19 5y
+21 Why stay at a bank when HFs are so much more attractive? 5 5y
+21 Best Securitized Products/Structured Credit Trading Desks on Wall St. 16 3y
+21 How to enter tech without CS/Coding background 19 5y
+21 Anybody heard of or worked for Mitsui Bussan Commodities? 12 1y
+21 World for Sale 8 5y
+21 SA while taking 9 credits during summer 6 5y
+21 Sports betting question 14 3y
+21 Women in Trading (men and women perspective) 13 5y
+21 How is the Non-Agency CMBS / RMBS Space? 14 4y
+21 Marking to Market a Cross Currency Swap - Components of NPV MTM 7 4y
+21 Do's and Don'ts with regards to S&T networking 13 4y
+21 How to get an interview from Quant Trading firms such as Jane Street (UK)? 8 4y
+21 Prop Trading vs S&T summer internship 1 4y
+21 Actuary to Trader? 5 4y
+21 Trade Support vs Trading Assistant 5 2y
+21 Zoom Video is Pointless to Have Around 18 4y
+21 Long term career opportunities at physical trading houses? (besides trader) 15 3y
+21 Supermajor or Bank for Energy trading 31 4y
+21 Technical Skills to Prep for SA S&T 8 4y
+21 S&T: How is it different than market making? 6 3y
+21 So What Exactly Is A Recession? 16 3y
+21 Glencore Graduate program salary? (US) 24 3y
+21 Freepoint Commodities vs Hartree Partners 21 2y
+21 How does Gelber Group rank in relation to other prop trading shops? 9 2y
+21 PE Associate Trying to Understand the Truth Behind Retail Trading for a Living 7 3y
+21 What are some of the signs your desk might downsize/close down 3 3y
+21 Physical commodities: about ~ 5 years in, and not sure where to take my career next. 2 3y
+21 Gas to Power Trading 0 3y
+21 Quantitative Analysis and Probability in Trading (Market Makers, HFT, Quant Firms) 3 3y
+21 Derivatives Trader Violations 17 3y
+21 Commodity trading - moral values 18 3y
+21 Chatham Financial Insights? 1 3y
+21 Commodity Talent LLC's International Energy Week London 2023 Calender 2.0 0 3y
+21 How to impress on HireVue's/One Way interviews 4 3y
+21 Commercial at oil and gas 17 3y
+21 FICC vs equities 14 1y
+21 MS Finance/Masters of Financial Engineering to break into Sales & Trading. 9 3y
+21 MS S&T equities vs. BofA securitized products 11 3y
+21 Mindset of AN1 - how different from Intern? 3 3y
+21 Great resource on the inner workings of a hedge fund trading nat gas futures. A cautionary tale. 5 2y
+21 Many people move back office to front office 5 2y
+21 Moving from scheduling to commercial role - advice on how to hit the ground running? 1 2y
+21 FTR Power Trading 11 8mo
+21 sellside trader etiquette/convention on working multiple orders 4 2y
+21 I used to have a plan, and then paycheck hits. golden handcuff in trading 7 2y
+21 Energy Trading -> Quantitative Trading Career Path 11 2y
+21 IB isn’t for me, and I think S&T is for me 5 2y
+21 Should I embrace being a jack of all trades? Or purely focus on commercial? 1 2y
+21 Mid Office to Sales and Trading 6 2y
+21 Junior role on trading desk 6 2y
+21 Headhunter etiquette in commodities 5 2y
+21 Should make a move in the early stage?(TLDR) 2 2y
+21 What makes a good trader on the sell side? 12 2y
+21 Skillset for a London quant trader 19 1y
+21 How do you know if you want to be an Options Market Maker? 4 1y
+21 Switching to S&T at 23 too late if I can't do it internally? 4 1y
+21 IB Ranking for Rates S&T 16 1y
+21 No response after MS TI 58 1y
+21 TRAFIGURA INTERNATIONAL TRADER PROGRAMME 7 10mo
+21 Bonus 20% less than peers, should I bring it up? 7 1y
+21 Goldman Sachs- FICC and Equities Superday - summer internship 47 1y
+21 Small trading firm or masters and re-recruit after internship 6 1y
+21 Route to Trading 5 1y
+21 Resume Review for London S&T 14 1y
+21 How much less does S&T scrutinize GPA compared to IB? 11 1y
+21 Garden Leave - Tips on How to Stay Sharp? 5 1y
+21 Power Trading at Alphataraxia/DC Energy 8 5mo
+21 Market Opinion on Exxon Global Trading 7 6mo
+21 RBC Global Markets 7 3mo
+21 Interviewing Options Traders 5 3mo
+21 Physical vs Financial (paper) Commodity trading 4 1mo
+21 Breaking into Nat Gas/Commodities Trading — Skill Development & Recruiting Advice? 6 10h
+21 Going from Fixed Income Trading SA at AM to BB Fixed Income S&T? 8 3w
+20 How (if at all) is financial modeling important in trading (compared to M&A, etc.)? 19 19y

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 02 98.8%
  • Evercore 01 98.3%
  • BMO Capital Markets 12 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 05 98.3%
  • JPMorgan No 97.7%
  • Goldman Sachs 02 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (44) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (79) $150
  • Intern/Summer Analyst (73) $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...”

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