Best Response

...that Cutler is a decent group. I hear they have a variety of paths, but I'm not sure. E.g., you may be able to put up some money and get a better split, or you may be able to trade their money exclusively (and get a lower split of PNL).

The best thing you can find out is how good their technology is (the entire solution, from software and scripts to exchange connections, etc.) Ask current traders, not just their recruiters/managers. Tech is everything in electronic options market making. Find out what the mean and median bonus (net income from PNL split) of traders there is. Ask diplomatically, but that's the kind of info that they should be proud of and willing to share if they're doing well and if you are a good candidate. If people aren't doing well there, but they are still recruiting, then it could be the kind of place that makes money off of marked-up clearing costs-- you don't want that. Note that I have NOT heard anything bad about Cutler-- you just need to do your due diligence. Good luck, and let us know how it goes.

 

I have interviewed at Cutler. I think it's a pretty typical interview process for this type of gig. You should expect brainteasers, math questions, discussion of markets -- all that sort of thing. I think they are looking for sharp people who have demonstrated interest in markets, but that's just my opinion.

Everyone I met there seemed pretty smart and I think it's a pretty good shop. Good luck in your interview (if that's the reason you're asking).

 

Qui dolores veniam aliquam ut fugit id optio. Eum facere placeat ea amet quis explicabo. Ut aliquam similique repellat quis rem ducimus. Sequi voluptatibus libero voluptas deserunt ea rerum.

Cumque odit iusto quis nobis. Aut quibusdam quod voluptas. Adipisci velit consequuntur tenetur distinctio doloribus. Velit molestiae voluptates a fugiat. Voluptatem nam quos inventore modi totam tempora totam.

Est et et magni et rerum quod. Et soluta consequatur fuga est et aperiam. Sed magni sint soluta. Ad mollitia sed consequatur id hic laborum.

Eligendi ullam quis laudantium molestiae soluta officiis velit. Doloremque recusandae autem ratione quasi omnis. Sit soluta nobis ut eos consequuntur. Explicabo ut delectus libero fugiat.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (86) $261
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (145) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Betsy Massar's picture
Betsy Massar
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
GameTheory's picture
GameTheory
98.9
6
dosk17's picture
dosk17
98.9
7
kanon's picture
kanon
98.9
8
CompBanker's picture
CompBanker
98.9
9
numi's picture
numi
98.8
10
DrApeman's picture
DrApeman
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”