With the understanding of a few things:
1. Many operations are extremely different, and that is important to factor in.
2. These are subjective opinions based off of user experience.
3. Fit is usually more important than "rank".
I think it's somewhat important that people have a better idea of where they stand, given it's about that time where people have to start making decisions.
I think we should do the best we can to objectively categorize companies based off of their performance and the quality of people they attract and retain. Does everybody else agree?
That being said, the categories: (all rankings tentative until further discussion...)
Sales & Trading: Equities (and Related)
Tier 1: , ,
Is still at the top here? I'm not knowledgeable in this area.
Sales & Trading: Commodities (and Related)
Tier 1: , BAML, ,
Tier 2: ,
Sales & Trading: Credit (and Related)
Tier 1: JPM, , Citi, BAML
Hearing JPM does a lot of volume here?
Sales & Trading: Currencies (and Related)
Tier 1: Citi, Barclays, DB, maybe JPM? not sure
Tier 2: , JPM, GS
Sales & Trading: Rates
Tier 1: DB, CS, Citi, MS, (maybe JPM again?)
Tier 2: GS, JPM, ,
Tier 3: , ,
Sales & Trading: Emerging Markets
Tier 2: Jeffries
Sales & Trading: Securitized Products
Tier 1: ,
Tier 2: International Group, , ...?
, , Virtu...? Anybody know?
"Discretionary Prop Shops"
Tier 1: (???), Trillium
Are there any still left? lol
Physical Trading: Energy
Tier 1: BP, Vitol, Trafigura, Koch, Glencore
Tier 2: Shell, Total, Phillips 66
Tier 3: others
Remember physical trading is very niche and some small shops dominate in certain areas. Again, focus is on UG/Grad students for right now.
Physical Trading: Metals
Tier 1: Glencore, Trafigura
Physical Trading: Agriculture
Tier 1: Cargill, Bunge, Louis Dreyfus
ADM, Cargill, Koch, Bunge, Louis Dreyfus...?