Best Trading Desk in JPM

Hi all,

This is my first post. I've looked through countless pages and can't seem to find the answer to my question, so apologies if its out there somewhere already!

I have an internship this summer with JP Morgan in Sales and Trading in New York. I'm more focused on the trading side of things and have been for a while. Does anyone know which desks are regarded as the best in JPM? I'm just wondering as to which ones I should be looking to get on during the summer.

Also more generally, I'm unsure of which assets class I would have preference in trading when I leave college. What is everyones opinion on the assets class with the most potential in the coming years? I read somewhere that it will be FX?

Thanks

 

[quote=CatsLHP]Checkout this recent slide from a JPM investor presentation. It should give you a better idea of which group may be one of the "better" desks at JPM.

http://dealbreaker.com/2012/02/its-probably-best-not-to-think-too-hard-…] Thanks for that - appreciate it. Good to see a breakdown like that before going onto the floor.

Is Fixed Income generally seen as JP's strongest asset class?

Perhaps 'best' was the wrong word, I meant the one with the most potential, prestige etc.

 
ACEONTHERIVER:

Perhaps 'best' was the wrong word, I meant the one with the most potential, prestige etc.

Yea keep looking at it this way and you'll end up on a desk that you don't like.

By best you should mean which is the best fit for you. Prestige is one thing. Whether the desk is good and has decent people is another thing.

 

Thanks for replys.

I undertand fit is important, people must be nice etc etc

But I'm just wondering hypothetically, all other things being equal, which desks generate the most profits for the firm. That way if I were lucky enough to have a choice between a few I could take it into account.

So it looks likes rates and credit...

Thanks

 

They have a lot of good desks. They are very good with derivatives, especially Credit Derivatives---they invented the goddamn things.

"Greed, in all of its forms; greed for life, for money, for love, for knowledge has marked the upward surge of mankind. And greed, you mark my words, will not only save Teldar Paper, but that other malfunctioning corporation called the USA."
 
Gekko21:
They have a lot of good desks. They are very good with derivatives, especially Credit Derivatives---they invented the goddamn things.

This is right. I have a friend who left Citadel to join JP Morgan's credit derivatives desk. He now trades exotic derivatives for them and made roughly $500K this past year. And he's only 25 years old. He also said the #1 associate in his group brought home $1.8 million.

 

Hey, indecisiveintern2014, I too have accepted a JP S&T offer for this summer and am interested in the answers here. I posted somewhere else and got a brief response.

From what I understand: Rates, Credit, Commodities are strong.

 

More to commods than power & gas.

IMO, both MS and DB are ahead of the curve with the impacts of DF and Basel III. A shift from prop to client. Running a phys business is expensive.

 

lol i was wondering if anyone would notice the rating DB got for commodities. You'll note my disclaimer.

MS commodities selling off tons of assets? Thought the unit was getting sold off.

Who makes these things? Coalition, apparently.

 
whalesquid123:
lol i was wondering if anyone would notice the rating DB got for commodities. You'll note my disclaimer.

MS commodities selling off tons of assets? Thought the unit was getting sold off.

Who makes these things? Coalition, apparently.

you're right actually i think the whole unit is getting sold off.

only people still standing in commodities are citi, baml, barclays, jpm. goldman is there too just hearing j aron has had a rough past few years.

 

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