It will be tough if you're going for a major bank. As far as I am aware, almost all trading in the US is based in New York. Same goes for structuring.
For sales you can go west coast, but mainly San Francisco. LA will be very tough.
That said, if you can land investment management or a hedge fund you can definitely do west coast. But trading on the sell-side, which is where you will learn the most fresh out of college, limits you to New York if you want to stay in the US.
There are. But the big 3 commodities shops (Goldman/J.Aron, Morgan Stanley, and Barclays Capital) are all based in New York. So for those shops all trading (with the exception of some aspects of physical trading) will be in New York, as will the bulk of structuring and marketing/sales.
That said, Citi and Merrill have placed their commodities shops in Houston, and Deutsche moved nat gas and power there recently (kept oil in New York).
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It will be tough if you're going for a major bank. As far as I am aware, almost all trading in the US is based in New York. Same goes for structuring. For sales you can go west coast, but mainly San Francisco. LA will be very tough. That said, if you can land investment management or a hedge fund you can definitely do west coast. But trading on the sell-side, which is where you will learn the most fresh out of college, limits you to New York if you want to stay in the US.
What about Houston skins, I figured there would be some opportunities for energy trading there?
There are. But the big 3 commodities shops (Goldman/J.Aron, Morgan Stanley, and Barclays Capital) are all based in New York. So for those shops all trading (with the exception of some aspects of physical trading) will be in New York, as will the bulk of structuring and marketing/sales. That said, Citi and Merrill have placed their commodities shops in Houston, and Deutsche moved nat gas and power there recently (kept oil in New York).
is hirning a ton of people in houston now... while a lot of people are coming from NY in FO many MO and BO roles are being hired locally
You will fare fine. Just be prepared to get up and leave for work at 4am every day.
bigdavelax = dan bush
bump. any insight into west coast (i.e. bay area) energy gigs?
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Repudiandae possimus aut ducimus ipsa. Velit corrupti hic suscipit hic non id.
Est molestiae ut fugiat nisi impedit possimus voluptas. Et molestiae labore consequatur aut. Quo natus reprehenderit dicta ipsam repudiandae. Doloremque molestiae nemo rerum magni dolor. Et quas quia sit in ipsum veritatis eius quis.
Quisquam officiis sapiente sed quas dolores exercitationem. Molestiae quis esse explicabo aut odit possimus. Minus error accusantium occaecati. Corrupti commodi tempore cupiditate officia. Quidem sed dolorum modi eius quam enim laudantium.
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