Energy Trading: BB vs. Supermajor vs. Commodity Trading House
I've seen paper vs. physical energy trading discussed in the past. However, I was wondering what a day in the life would look like mid-career at a BB vs. a Supermajor vs. a Commodity trading house (Glencore, Trafigura, etc.)?
BB vs a Glencore or a Traf is massively different. It's a differnet type of stress all together and there is alot more travelling in the commodity trading houses, because you are heavily involved in both the upstream and downsteam operations you have to go to places like the DRC, China etc. to see the warehouses and everything. SO if you would like to do alot of travelling then that's the way to go.
Thanks a lot, that clears up some questions.
Supermajor
What elements of a supermajor trading position make it more desirable?
Where do the traders from every BB and merchant come from?
But what about analyst training programs at the BBs?
some offer trading seats but most dont
How different would it be between majors and trading houses then? Both in the physical aspect, is there much differences between these two?
from a training stand point.. I would say HUGE
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