Trying to Break into Commodities Trading in Houston

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I recently finished up an internship in the back office of a global super-major's trading operations. I was supporting the natural gas and power traders by identifying the variances between the revenue accountants counter-party invoices and the trading analysts entries in the Endur trading platform. In this whole process I learned a great deal about the trading strategies and industry and also collaborated with several traders to complete the projects I was assigned. My question is that even with all of this experience as just an intern, alot of the oil companies have trader development programs that take 4 or 5 out of 400 applicants. If that route doesn't work, what other routes or what advice does everyone have about getting on the right path to eventually be an oil or nat gas trader? Hopefully there are a few traders or ex-traders out there that can provide some insight.
Thanks in advance.

Comments (4)

Aug 5, 2013
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  •  Aug 7, 2013

yeah ive noticed some of the latest headlines, JPM and the rest are attracting alot of regulatory attention. Still though, if they are regulated out of it, the volume needs to be picked up somewhere...you would think?

Aug 7, 2013

I have the same question. I would hope to come on as an analyst and learn the trade exponentially in my spare time. It seems starting in the back office would serve as a way to get your foot in the door. How often do companies hire traders with only intern or entry level experience as a trader?

The purest form of giving is anonymous to anonymous..

Aug 13, 2013
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