10 Comments
 
Best Response

Electronic Trading desk divisions: Sales (you sell your banks electronic capabilities (algos, darkpools) to clients), Electronic Sales Traders/Coverage (you monitor day to day algo performance, lots of Transaction cost analysis on this desk, not really a great desk imo), Product Management (become an expert in a product (ie SOR/exchange)), algo devs/quant (pretty self explanatory, require MS or Phd or some sort of CS background, most S&T interns don't get placed in this group if they go to Electronic Trading), Execution Consulting (analyze clients trading data, work with sales traders to improve execution quality)

Seems like you are going to BAML, pm me if you have other questions, I did a summer internship on BAML Electronic Trading.

 

Their job seems to be a routine without the excitement of the market like cash sales traders. Also they spend a lot of time doing algo monitoring.

 

Is electronic trading the same as automated market making?

Is electronic trading the same as HFT or is HFT just a part of it?

How much of this is taking over from human market making?

 

Cumque est eius aut voluptas. Nam qui deleniti laudantium vero explicabo similique accusantium. Enim nulla assumenda alias iste saepe laborum labore. Nesciunt asperiores ut autem.

Ea quis sit ea deserunt sequi earum quam. Occaecati et est sapiente similique. Neque veniam et ipsa aperiam laboriosam possimus reprehenderit.

Career Advancement Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • JPMorgan 01 98.4%
  • Guggenheim Partners 02 97.9%
  • Morgan Stanley 06 97.4%

Overall Employee Satisfaction

October 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 99.0%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 13 97.4%

Professional Growth Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

October 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (28) $184
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $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

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...”