P&L by Desk

I worked in CCAR team before so I was able to see all desk’s P&L. 
Here is what an average trader will make in each desk:


a. under $25MM

Repo / Cash Equities / Security Lending / Commodities / Automated Market Making / ECM / Spot FX / On the Run Treasury / TBA / Investable Index

b. $25MM to $50MM

Corporate Credit (Investment Grade and High Yield) / DCM / Rates / Securitization / Muni / Equity Derivatives / Delta One

c. Above $50MM

Structured Product of Any Asset Class 


 

Thanks for sharing! Which desk pays most nowadays? High yield credit? Or different banks pay same product differently? How big is standard deviation?

 

Totally agree with you. Revenue for some desks are huge, but their bonus not so good because they need a big tech and quant team.

 

Thanks for providing this. 3 questions:

  1. Any idea of roughly how many people are on each desk?
  2. When you say securitization are you talking about Securitized products or is that included in your structured products terminology?
  3. Is your structured products category the products for Financial Advisors and their clients, or are they institutional?

Thanks.

 

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