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+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)

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+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...

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+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...

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+1
Deutsche Bank will shrink or shut US equities, rates, and keeping bond trading and FX

Leon Dragonov

What are the implications? DB is still a big player in FX and debt and plans to keep these businesses, but I have no doubt that the planned cuts to equities and the creation of this 'bad bank' will harm their client franchise elsewhere. Will DB manage to retain its position in its remaining areas of...

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+3
Series 7 Top-Off Exam

830AtDorsia

Has anyone taken the Series 7 Top-Off exam? I realize it is less than a month old, was curious if anyone has taken it yet and can provide some useful advice on the exam. Top-Off is the post Oct 1st 2018 exam, assuming you have passed the pre-req exam. Any advice helps, or useful links about the test...

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+2
Slippery by Liam Carroll?

Rotterdam

Anyone read the book in the title of this post? Had it recommended to me by a couple guys I used to work with in Houston that are in the oil trading space and was curious to hear if it had made it out of those circles yet. Just ordered it on Amazon, looking forward to reading it. Amazon reviews loo...

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+4
Career prospects in Agricultural commodities?

DtimesDmeasures

Just joined an entry level role in a mid sized shop doing physical trading agricultural products (grains and oilseeds), and i'm just wondering about the long term prospects of pursuing ags as a career. For the more experienced guys in the business - would you recommend someone to get into ags now? W...

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+2
Oil and Gas Job Search

CHCommodities

Currently, I am set to finish my undergrad within the year. I am looking to find an "entry level" energy position in Houston or somewhere in the NE. I am graduating from a non-target school in the Midwest and I know that could be a huge obstacle for this industry. As for experience goes, I worked a...

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+6
Any IG/High Yield Credit guys willing to help?

creditassistant2345

Hi Monkeys, long-time reader, poster on a throwaway account. I can't tell you guys how much I've learned from everyone. Wanted to reach out to see if any good samaritans in the IG/HY space would be willing to help. Without giving out too much information to give away my identity, I wanted to reach ...

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+1
Looking Coffee trading advice

aech11

I´ve been recently tasked to handle some of the trades of the Chairman of the company I work for. I'm new to commodities trading and I was wondering where could I learn more about the topic. He usually trades futures in the NY and London Coffee Markets. I´ll appreciate your help....

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+3
How much does GPA matter after your first job?

Hardlyhardy

Let's say that you have 1 to 2 years of experience in an S&T position. How much does GPA matter in the following scenarios: 1. promotion within same desk/team, 2. promotion in another desk/team within the same firm, 3. lateral over to another firm in same level or promoted position, 4. switchin...

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+1
FT Recruiting During Internship

undergrad20

Hey guys, I'm currently an S&T Summer Analyst at a MM bank and was wondering how to go about networking for FT during my internship? I like my bank so far but don't want to put all my eggs in one basket if I don't get an offer/my desks aren't hiring. Should I be reaching out to ppl as of now or wait...

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+1
ETF Sales job

Betterave_Ldn

Hi all, I would like to have more information about the ETF Sales role (Smart Beta) and how it differs from selling Mutual Funds. Is it a good career move to go from a Fund Sales position to an ETF Sales position? Is it as interesting/technical with about the same selling process (to FoFs, Private...

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+9
Entry-Level Natural Gas Scheduler

Mr. T

So I know this isn't exactly "trading" but I couldn't find a commodities section on here and in terms of commodities I like to think of it as my first step in my career to becoming an actual trader. I know when I was applying and trying to search information I was unable to find a lot of commodity t...

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+2
Can someone explain a virtual power transaction to me?

Invert12

Been reading up on virtual transactions, but haven't found anything that explains it very well. My understanding is that it is a way to profit between the day-ahead rate and the real-time spread. Can someone maybe explain this and give an example please?...

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+1
FX Corp Sales to MBB Management Consulting?

FxSpotMonkey

I work for a top-3 Canadian bank in Corporate FX sales. I am lucky to be good at what I do and am a 2nd year VP at 27. I’m paid well (for FX Sales - expecting all-in 300ish the coming year which is weak for 2VP in capital markets but apparently how it goes for Canadian FX Sales) and have an option...

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+1
Mexican Energy Markets

VacaMuerta

Curious to know if any of y'all are involved with Mexican energy markets - market participant here for gas and power...

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+1
Working in Structuring

BunchDisorder

Hi Guys, I was wondering if anyone had any experience with working in Fixed Income & Currency Structuring particularly at Deutsche as there is very little out there on what the day to day is etc... Any information would be very appreciated especially around day to day work, interviews and what the...

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+2
Decision on energy supply and trading; ExxonMobil or Phillips 66

energy_career

I'm an engineering student, however I've recently gotten really into finance and trading and have two offers for internships, one from ExxonMobil and the other from Phillips 66. Both are in "supply and trading" although Exxon's is really just supply chain since they don't do much trading, or at leas...

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+1
Bitcoin - A bubble or a Real Deal ?

laurencehanlin

People make a lot of decisions that fills them with regrets in the long run. Bitcoin was once an affordable investment to now a high-end one. Many were not sure what they could do with it and now they are telling themselves that they should have invested in them in the past. We have seen its value g...

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+1
MBA Sales and Trading Programs

AB72792

I will be starting at a T-20 MBA program in the fall and am looking at recruiting for investment banking. with that being said, S&T has always interested me and curious what options are out there for me. I realize that many banks have slowed MBA s&t recruiting since the last crisis but there are sti...

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+8
AMA: Agri trader

CornyBro

My background: Briefly about myself: Late 20s, physical agri trader for 4 years. Been a trader at two different companies in Asia and Europe. I will try to be specific on topics without revealing my details. Ask me anything ...

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+2
Asteroid Mining

CanadianDude

There's been a lot of talk about mining metals from asteroids; I'm curious as to whether it's economically feasible or just a lot of hype. Would it be possible to leak an asteroid's supply of platinum onto the market over several years, for example, and capture profits without depressing price? Are ...

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+2
No Return Offer - But good References

RKG

Hi, I did an off-cycle internship at a desk at a BB that seemed to go really well (good reviews well the way). I didn't get the offer, despite being told my project was great and that everyone I interacted with would be happy to be references for me going forward. They gave me some reason related to...

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+1
S&T or IB?

jhan_1

Good afternoon all, I am currently a rising junior in college and pursuing an internship for the summer of 2020. Applications are opening up very soon, and I am torn between pursuing IB or S&T. My personality aligns more with the culture associated with S&T and I enjoy reading about the markets, bu...

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+20
I'm Trying to get into Prop-Trading From a Non-Target School

propshophireme

**Warning Long Post Ahead** **Hello WallStreetOasis,** I am a recent graduate of Hofstra University with a bachelors of science in mathematical finance 3.4 GPA trying to get into prop trading even though I am aware that all odds are against me. This is my first post in WSO and it is going to be a l...

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+1
Dollar Roll Calculator in Excel

undergrad20

Hey guys, I'm in my 2nd week as an S&T SA and was just given a task to create a dollar roll calculator in excel. I understand the basics of TBAs and how they trade (negative convexity) but how would I go about even starting this? I'm excited at the challenge of it but would just like some advice abo...

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+7
SIE Exam by FINRA?

Phizzurp

Hey all, Does anyone have any info on the new FINRA SIE exam? Now that I've been a junior trader for some time, my firm is preparing to give me my own seat on the desk and have my own junior within the next couple months. Being so, I need to take a few licensing exams. The SIE exam is now a pre-r...

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+1
Fourth of July

bullorbear

As a current S&T SA, I was wondering what the typical holiday is for fourth of July. Will the 5th also be off given that it's a Friday?...

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+41
What's the most money you've lost in a day / trade?

NeD_F

Everyone who's traded has their ups and downs. What's the biggest loss you've taken due to your mistake, miscalculation, or just plain bad luck?...

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+1
First Advantage Background check timeline

Clam423

So i’ve got an offer to transfer internally with a BB bank from Asia to London. I submitted First Advantage online form about a month ago and they came back asking me to send a consent form 2 weeks ago. I haven’t heard from them ever since but HR told me it’s still pending. Anyone has experi...

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+1
Shell Trading Development Programme (2019)

StdntTrader

ooooooooooooo oooooooooo oooooooooo oooooooooo oooooooooo ooooooo ooo ooooo ooooooooo oooooo oooooooo...

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+1
COO Office Inquiry

Hardlyhardy

What does it mean to be a junior employee in the COO Office for the markets section of the firm? What are some of the responsibilities associated with it and is COO just another way of saying operations solely or is there also any trading/risk/structuring involved?...

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+1
Citi London S&T and the industry in general.

KcodPof

Help an incoming grad out. Strongest desks at the moment (If possible be quite specific please. I have the broad strokes from coalition tables, perusing this forum and speaking with some current traders there) In general (across all banks) what do you see as being the strongest products to trade ...

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+1
How do you figure out the strengths of specific desks at a BB?

n0treallysure

League tables I've seen only display broad generalizations (equities vs bonds). I'll be joining as a S&T summer analyst at a BB that has its strengths in FI moreso than equities, but I'm personally more interested in equities at the moment so I'm curious about whether it is still a good idea to join...

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+4
Hiring freezes in London right now

LaNoob

Is there an hiring freeze (or practically frozen) job market in London right now with the banks?????...

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+1
GS S&T Internship Pods?

unexpected

I'm interning at GS in Securities this summer. Just heard we have 2 pod rotations, instead of 3, meaning making a good choice on which pods to target will be more important than it already was. We have to start networking into our desired pod/desk the first week, with rotations beginning the second ...

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+11
UNIGE Master of arts in international trading, Commodity finance & shipping

Energytrader123

Hey all! Current undergrad student at a target in my country with internship experience in commodities trading. I am looking at my options for when I finish my degree, and am considering various different routes especially seeing as graduate programs (and there are very few openings across the indu...

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Univ. of Geneva Commodity Trading Masters - Need some advice

Jamie Deen

Hi - received a handful of offers from the speed recruiting and outside networking. Does anyone with experience with the UNIGE program know if most contracts are standardized from the STSA or if there is room for negotiation? Also - is it worth it to commute from ZRH to class weekly? Cheers thank...

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