Comments (9)

Sep 7, 2010

cant speak from experience about BoA, but JP in chicago would give (has given, does give) a guy with less experience than you a salary of $150k-$200k, plus bonus of $100k-$200k for all in compensation of $250k-$400k first year no problem. Again, not sure about BoA or any of the others but from what i hear JPMC is looser with the salaries and will pay more than the rest if they want you.

Sep 7, 2010
vanic:

cant speak from experience about BoA, but JP in chicago would give (has given, does give) a guy with less experience than you a salary of $150k-$200k, plus bonus of $100k-$200k for all in compensation of $250k-$400k first year no problem. Again, not sure about BoA or any of the others but from what i hear JPMC is looser with the salaries and will pay more than the rest if they want you.

lol no, no they don't. No first years are getting salaries of $150-200k, though there are plenty of traders at banks and top props that are pulling that much and much more in some cases within their first couple years of trading (including equity derivatives).

Sep 7, 2010

Thanks for the comment but that seems really high for chicago?

Sep 7, 2010

when did you graduate? wheres your trading background from?

Sep 7, 2010

B rate School, a well known industry trading firm.

I have the trading background, with heavy options experience.

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Sep 7, 2010

prop trading firm?

Sep 7, 2010

not prop trading frm, online trading firm, but do have some prop trading experince.

Sep 7, 2010

online trading firm? im not sure what you mean, can you give me an example? is it your job to trade your firm's retail clients' money?

Sep 7, 2010
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