Trending Content (see all)Replies
+56
Female Bullying in Prop Firm

a5hleybmw

Thanks Everyone for the responses! I will update with any notable progress. ![thumbs up](https://media2.giphy.com/media/GCvktC0KFy9l6/giphy-downsized.gif)

51
+17
AMA: former BB market maker (trader) for US Treasuries - now a prop trader

faceslappingcompilation

I started out as a desk analyst, doing spreadsheet and programming things for all the traders on the government desk. I went to a non-target state school, and my entry job to the ibank was in the IT division as a VBA Excel and SQL database developer (back when that was special). After a few...

85
+10
AMA - Commodities Trading, Alternative Investments, Alt Data

Commodity101

Experience spans across energy commodity markets, <abbr title="Sales and Trading">S&T</abbr>, alternative investments, strategic busdev, corporate strategy leadership and risk mgmt. <h4>My Background:</h4> <li><abbr title="balance...

9
All Pods
All Events
Recently Active Topics
Replies
+1
Huawei H31-331 Exam Questions Answers

Bella-Jullia

H31-331 Exam Questions Answers Dumps is the best option to get that HCNP-OTN Transmission. VceTests along with their team has carefully selected the most important H31-331 Exam Dumps Q&A. Download the H31-331 Dumps PDF or get on with practicing Online Test Engine. We aim to provide our customers wit...

1
+1
Sales and Trading Mental Math/Sequences Practice

parmesan123123

Hey I have an math interview for a prop shop that I have to complete in the next 2 weeks. Is there any resources online to practice sequences/series questions that are common? (The type of questions where you have to find the next term in the series of #s and letters) Also, is there any books on...

1
-
+1
S&T Perspective on recent market conditions

Marlborough

What's the perspective of current people working in S&T on recent activities in the market? OCL volatility due to the Iran situation, FX volatility due to trade war which has moved over to equities and bonds. How have you been experiencing these last days and whats your guess on the future? Obvio...

1
-
-
+1
Is it still a good time to get into physical commodities trading?

chickensoup15

Hi everyone, As someone who is fascinated by physical commodities trading, I was wondering if it is still a good time to get into the industry. I know that to break in takes many years of preliminary work that would seem like a waste of time of the industry is changing for the worse. I’ve read th...

1
+17
AMA: former BB market maker (trader) for US Treasuries - now a prop trader

faceslappingcompilation

I started out as a desk analyst, doing spreadsheet and programming things for all the traders on the government desk. I went to a non-target state school, and my entry job to the ibank was in the IT division as a VBA Excel and SQL database developer (back when that was special). After a few years...

85
+3
When do BB banks usually ask for transcripts after you have received the internship offer for sales and trading?

Braintree_12

Many of the BB banks will finish recruiting summer s&t interns sometime in September and probably give out offers by then. I was wondering whether or not they requested transcripts right away or in the spring semester, closer to the internship....

7
+2
Leveraging FT Offer

undergrad20

Hey guys, I received an S&T FT offer from a pretty respected bank in the industry. The offer expires in 3 weeks so I was wondering how to go about leveraging it to other firms. I have no problem going back and working for this firm FT but I want to explore my options and see what's available. Essent...

6
+34 13
+1
Beginner learning for S&T

LilScuzzi17

What would be the best way to learn about trading? Interested in S&T and want to get a good start....

9
+2
What is current bank VP salary range? VP 1-3

monty09

trying to hire a bank VP and my numbers are from 2016 so trying to get an current view of VP levels across the street...

12
-
+23
Do traders all drink alcohol?

QuadQuality

And is it a prerequisite? I'm passionate about trading and I'm a social guy, it's just that getting drunk isn't something I like doing? I hate hangovers and I hate the taste of alcohol. I can drink a glass of wine or a can of beer but I only do it to fit in and I don't actually like drinking. Is thi...

49
+2
How many people work in S&T in each BB?

gonline47

People often tell me it's better to work at JPM Markets or Citi Markets than GS Securities because of the difference in the balance sheet and revenues, but I feel like this figure isn't normalized with respect to how many people work at each bank... If one bank made 10 times the revenues of another ...

6
+1
Quants - Programs for your Models?

DenverFinance

Might be the wrong forum for this, but for the quants out there, what are the programs you use when building your models? I know R is prevalent but I'm curious to what others are used? Also, do you mainly just tweak existing packages or start from scratch? Thanks!...

1
+1
you'll need to understand the Fallout 76 camera location

4Rsercom

This completes the main portion of the Lying Lowe quest.The next pursuit in Calvin's questline is named Baa Baa Black Sheep. It starts by telling you to see the coordinates you discovered on Calvin's terminal. You are going to wind up fairly high in the hills [Fallout 76 Items](https://www.mmotank.c...

1
-
-
-
-
+7
Best Proprietary Trading Firms - Rankings?

RossGellar

I'm curious to hear how everyone would rank the top prop trading firms. I've focused the post on firms in Chicago because that is where most of them are. Here is how I've ranked them: 1. Spot Trading 2. Jump Trading 3. DRW Trading 4. Optiver 5. TransMarket Group 6. Peak6 Investments 7. Chicago T...

550
+1
Getting into quantitative trading after 1.5 years as a data scientist

Varys

Hi everyone, the title is pretty self explanatory but I will try to elaborate a bit. After a degree in Physics from Oxbridge (above average results but nothing crazy) and an MSc in ML from another top UK institution (top 5% in this one), I joined a startup as a data scientist and have been working ...

4
+3
Python for Trading

mmmmaaaaa12

I am currently a junior and am interested in S&T. I recently spoke with a few traders and one of the biggest takeaways I had was to focus on learning Python, VBA, and/or R. So far, I have a taken a class in Python and am currently enrolled in a Java class. However, my skills are still very rudimenta...

12
+2
S&T this summer, but possibly to recruit for IB?

BoJackBackpack

Hello! Any advice would be appreciated on this: This summer (2019), I'll be a S&T SA at a BB bank in NYC. However, I've recently thought about the possibility of starting to do some recruiting for FT IB positions (chances of lateral-ing into IB of the same bank?). When should I start networking an...

3
+1
Major/Minor for IB or S&T

nontargetfinance

Not sure if I want to go into IB or S&T yet. Still in undergrad (non target) with a good gpa (3.9). I came in with a lot of credits. Which is better? Economics and Finance Major with Math and Philosophy Minor? Or Economics and Math Major with Philosophy Minor? Just curious to see what everyone else ...

2
-
-
+1
Discord Server

drecc10

What's going on everybody? We are building a discord server regarding market ideas/trading that places emphasis on voice channels to allow the community to more thoroughly bounce ideas off of each other. We are looking for people of all skill levels that will actively contribute to the growth of the...

1
+1
JPM Energy vs MS rotational S&T

JaneDean

I have an offer from JPM for energy trading vs MS rotational. Which is a better option long term? In terms of opps/desk/culture/getting full time/market prospects? Thanks!...

5
-
-
-
-
+36
Traders screwed?!?

RGee

I'm often concerned about my peers in the Sales & Trading career track. While many of them seem to think they will be the next big HF PM and such (and I am certain that a few of them will be) I have a hunch that the vast majority of them will be either unemployed within a couple of years or cut at a...

138
+1
Career Options + Exit Opportunities for Sales in S & T

nontargetmaterial

First time poster, just curious if anyone has any stories or known of some of the career paths for sales particularly among different desks/products, and whether exit opportunities exist ( I know its much more likely to stay in S & T vs. IB once youre in and that for salesman less opportunities exis...

4
-
+3
How is python used in S&T?

orsc

Hello! I have looked at previous forums that discuss the types of languages needed but haven't found one that talks about how python- pandas, numpy, matplot are actually used day to day. As an intern how could I use it to benefit the people I will be working for?...

2
+1
Breaking into trading side of S&T

shortvix730

Just a quick background, go to semi-target/target school with a 3.85-3.9 GPA, finance and economics double major. Applied to some S&T programs and it seems that whenever I talk to people they automatically seem to think that I'm going into the sales side. So I'm wondering how it might be possible ...

2
-
-
-
-
-
-
+2
Implied and Realized Volatility

AMIsLife

Hey guys, Just a quick question. Where would I find implied and realized volatility? Any good websites that would show those numbers? Thanks in advance....

9
-
+3
What were your experiences with applying and interviewing for Global Graduate Programs with trading houses like Trafigura?

amoghhlgr

What will be the duration of the process till the final stage, and how tough will it be? Which languages should you know, apart from English?...

11
+1
Any way to delete posts?

ConcernedApe

Just wondering.. They should add a feature that allows you to remove posts because I see so many posts titled "DELETED" with 0's edited in. ...

1
+1
High Strategy Accuracy Currency

Gmamuze-Cht

Hi ! I am currently doing a study on major currencies under the form of backtest which respect spread cost and slippage and other parameters. The result of this study on the currencies bellow get an accuracy of 100% on 15 years of data (OHCLV) since 2003 to 2019, by adding all the currency peers th...

1
-
-
+2
Bulge-Bracket S&T vs Boutique Prop Shops

gonline47

I just got a summer analyst position at a BB bank and I'm extremely happy with the position. But I was wondering how it compares with smaller prop shops in terms of comp and lifestyle. I know, for example, a first-year at Optiver can make 300k. And this is in Chicago, where the cost of living is hal...

5
+8
What goes into a commodity trade?

Invert12

What goes into both a physical and purely financial trade of commodities? i.e. what do you have to consider when deciding to make a trade in natural gas?...

28
+2
Major for S&T/PT/HF

nontargetfinance

Should I double major in Economics and Finance with a Math minor. Or should I just double major in Economics and Mathematics?...

17
+1
How to go from S&T to VC?

datarookie

I'm doing a S&T SA at a non-BB this summer in hopes of getting a return offer. Since I have a tech background so I want to eventually go back to the tech industry but for a non technical role, such as tech VC. Is it possible to do that with S&T or should I try to get into IB next year or go to b sch...

2
+1
Quant firm interview questions

Willywonkatrader

I'm currently going through the interview process and had a few questions regarding the Optiver and Akuna tests. What is the first screener like Optiver like? I have read previous posts but it seems as if Optiver has changed their process and the screener is now done through HackerRank. Additionally...

4
+1
Citadel Securities Onsite

Willywonkatrader

I have an onsite coming up for a trader role at Citadel Securities and was wondering if anyone has attended an onsite at Citadel and could give me some advice on how to study and what types of problems show up. ...

2
+6
How Important Is Math and Mental Arithmetic

Dollar Bill

Hey Girls and Guys, I am a Finance Major at a non-target to semi-target. This summer, I will be an S&T summer Analyst at one of the BBs. My Problem is that I am not very fast at mental arithmetic questions. I can do them in an average time frame, but, not super fast enough. I am very comfortable...

17
+2
How do you delta hedge your short gamma?

VolatilitySmile

Do you have a set of rules as to when you re-hedge your delta when you are short gamma? Do you never re-hedge and just pray the underlying comes back?...

6
+1
Where did the Investment Bank prop-traders go?

DDude

Greetings - About a decade ago I worked on a proprietary trading floor at a major investment bank. Since Dodd-Frank it's been my understanding that the proprietary trading actions have been shut-down and now all trading is basically flow trading. A few questions: * Did Dodd-Frank *really* shut ...

5
-
-
-
+10
AMA - Commodities Trading, Alternative Investments, Alt Data

Commodity101

Experience spans across energy commodity markets, S&T, alternative investments, strategic busdev, corporate strategy leadership and risk mgmt. My Background: BS in Economics-Finance from small university with strong business reputation with 3.7 (studied abroad twice - London & Australia) 2yrs at b...

9
-
-
-
+1
Will Credit S&T go the same way as Equity S&T?

Havingawhaleofatime

After seeing what has happened to the equities businesses of many banks, I am curious to hear the community's (informed) opinion on Credit Sales & Trading; specifically talking about IG and HY corporate bonds. Are those business lines already struggling? What are the drivers for performance and ho...

1
-
-
+2
Trafigura's London Office?

YoungDumbFullOfRum

Trafigura obviously has a huge global presence with offices on every continent - but what does their London office do? On the firm's [site](https://www.trafigura.com/about-us/locations/) it's listed as "other" and doesn't fall under oil and petroleum products, metals and minerals, or shipping and ...

3
+1
Where to practice seqeucne test for prop shop online test?

Quant-Wanna-Be

Hi all, I have been searching through the forum for practice sites for online propshop tests. There are plenty of sites which offer mental math practice, but I couldn't find any that provides sequence test praictice. It seems that people used to use tradertest for sequence test. However, since trad...

1
+1
Positioning WM Internship for S&T?

CanadianKidThrowaway

Completing a WM internship at a Big 5 Canadian Bank. What are some of the best ways I can position myself/skills I should highlight/work experience I should list, either on the resume or interview to best position myself for S&T Roles? I'm thinking knowledge of different financial products, communic...

1
-
-
-
-
-

Pages