What are the average base salaries for a trader? How are bonuses calculated? (Vitol, Trafigura, Guvnor, mercuria, ect.)
| +14 | Natural Gas Analyst Path to Trader | 3 | 3d |
| +9 | looking for advice | 1 | 20h |
| +6 | Exiting Sell Side FI Trading | 1 | 5d |
| +6 | S&T Outlook and Pivot from Buy Side | 2 | 4d |
| +6 | EM Resources / Study Material | 1 | 3d |
| +6 | JPM Quant/Trading Base Salary in London? | 1 | 20h |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
I am a physical trader with a prop book. My comp is based on PnL w/ a minimum draw per month.
Hope this helps.
wdym by minimum draw? also thanks for the repose, what type of commodities do you trade?
The way that my compensation works, and I'm pretty certain this is unique to my firm, is that it I am compensated pased on a percentage of book value. Book value is equal to performance in your trading efforts and obviously you can take a profit or a loss. Because of this potential to take a loss there is a floor to which you can draw a salary from each month to get by if you go negative. However, if you do go negative and take the draw you need to pay it back with future earnings.
Commodity trading compensation is not the steadiest just considering the fact that you eat what you kill. There's not getting through it by riding on the coat tails of others.
Aka how much money you can lose
Minus optio tempora iure neque labore odio et. Officiis ex tenetur voluptatem. Quisquam libero adipisci modi et quos rerum nihil.
Nam officia modi ea qui. Tempora esse sint cum consequatur et. Rerum dolor fugiat et quia sapiente et. Qui ut adipisci ipsam.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...