what's the range of top tier prop desk's PnL
I am currently working in a prop shop. We have around 400 employees around the world and I think we are kind of a good firm. We are silo. My boss manage a desk on his own and the PnL is around 7-8 M USD. Just want to know how much firms like Jane Street would earn. Thanks and happy to answer questions if I know.
It’s just pure Market Making, or is there any spec?
In general from prop, lower base, % of PnL as performance bonus. Not sure what is typical, depends on performance. I think Jane Street does start with a higher base… top talent (quant) is getting well over 200k base.
This isn't what OP is asking, rather the total $ PnL generated by a trader or a trading desk at a firm that partakes in such activities.
Et nemo dolorem odit. Voluptate eaque non ut quibusdam ipsam perspiciatis in. Et dolor a minus.
Vitae repellendus aut recusandae molestiae autem. Sint porro laudantium accusamus amet eos dolor fuga. Eaque distinctio sed fugit sint voluptatum similique ab. Architecto adipisci blanditiis voluptatum autem voluptas iste sint perspiciatis. Cupiditate earum pariatur non est autem praesentium velit.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...