Curious what senior VPs and MDs make in trading in a given year. Joining a flow equity derivatives desk at a BB, and I understand that pay can largely be dependent on book performance in a year.
However, in $ terms, what can pay look like for desk traders managing their own book or a group in a given below average, average, and above average year? Are MD's actually pulling in 1MM+? And if so, what kind of range of bonus is considered reasonable for a successful trader? If anyone has first-hand experience, I'd love some color on what all-in comp might actually look like and how volatile it can be depending on team performance.