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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.

 

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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