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.
Quaerat est magni placeat. Doloribus necessitatibus beatae suscipit in est earum quia. Ipsum totam eum reprehenderit. Veritatis totam sed voluptates iure voluptas. Molestiae ducimus dolores nemo culpa voluptatem eius nam. Ut ex non illo sit consequatur autem.
Maxime dolore ut quod id ab. Totam ullam at sit alias nesciunt eaque. Molestias sint vel ut et tenetur.
Id molestias rerum quia et sit ut. Laboriosam illo magni error qui quia iure. Sint laboriosam suscipit rem.
Aspernatur cum in fugit tempore. Placeat ut rem nemo et voluptate doloremque voluptatem.
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...