1. Search Results

  2. Make a market questions with a twist

    deleted deleted deleted deleted deleted deleted deleted deleted deleted deleted deleted deleted deleted Proprietary Trading ...

    23 comments - 3 silver bananas - Feb 28 2018 - 6:45pm -

  3. Jane Street Final Round- What to Expect

    After going through the interview process, the OP shared the final round interview experience with readers of WSO. Check it out below. Jane Street Capital Interview Process Before the interview I went through five phone interviews before they invited me d ...

    36 comments - 7 silver bananas - Sep 17 2018 - 12:55pm -

  4. TransMarket Group Onsite Interview

    I just got invited to the on site interview, and was wondering if anyone knew what to expect? They indicated it will be a 7-10 hour technical\personality and fit interview. Any tips on how I should prepare? So far I have had an hour long math\finance\brai ...

    47 comments - 0 silver bananas - Mar 21 2017 - 8:38pm -

  5. From a shitty Prop Trading firm To top HF?

    Hey Guys! I'm planning to join a shitty prop trading firm with my capital allocation, and will be getting series 57, 20:1 leverage (which is most important thing for me). Gonna be working for 9 months until I graduate and will see where I can go. But ...

    15 comments - 1 silver bananas - Nov 22 2016 - 9:00am -

  6. Starting out in trading! Aurelia Traders? Worth applying??

    I'm roughly 1 month out of finishing my Masters degree and looking to get into Trading. At the moment I'm applying to open vacancies, January/immediate start internships and sending some speculative emails. The applications have been sent to the ...

    22 comments - 0 silver bananas - Nov 5 2012 - 7:18pm -

  7. Career suggestion- Last year UG student

    Background: Last year UG student at one of the Indian Institute of Technology (IITs- top 5 in India). Ordinary GPA / Extraordinary ambitions Got interested in the financial services sector 2 years back. Networked my way into two internships,both at region ...

    18 comments - 0 silver bananas - Apr 19 2016 - 12:19pm -

  8. Prospects of Being Hired at a Top Prop Firm

    Hi, what are the chances of being hired by a top proprietary trading firm such as JSC if you are a graduate of a non Ivy League (or Ivy League comparable) university with a strong business school (ex. UC Berkeley, UCLA, UT Austin, CMU) and have a good GPA ...

    19 comments - 0 silver bananas - Jan 11 2012 - 10:16pm -

  9. Opinions on IMC Trading

    I have an offer from IMC Trading, and I'm trying to figure out if I should take it. I'd be working as a software engineer, not a trader. In general, I think I'm too risk averse to work as a trader, but I still think finance is very interest ...

    7 comments - 2 silver bananas - Oct 25 2018 - 11:28am -

  10. Top Prop Trading Firms 2016- 1st Quarter

    It would be interesting to note the best and biggest PTG firms: 1) DRW 2) Optiver 3) IMC 4) SIG 5) Jump Trading 6) KCG Continue the list. PTG Proprietary Trading ...

    11 comments - 1 silver bananas - Apr 7 2016 - 7:21am -

  11. Do Any Banks Still have Prop Desks?

    Just wanted to start a discussion around bank prop desks and whether any parts have survived. I've heard that some banks have moved parts of their prop desks into their treasury/liquidity/funding desks ie London Whale. Is this true across most of the ...

    9 comments - 0 silver bananas - Apr 23 2016 - 2:26pm -

  12. Deutsche Bank star trader Christian Bittar

    did you hear from this Deutsche Bank prop trader Christian Bittar who is believed to have been paid 80 million EU (so more than 100 million dollars) in 2008? he was meanwhile laid off and is now at bluecrest. are salaries like that often in prop trading? ...

    11 comments - 0 silver bananas - Feb 18 2013 - 8:49am -

  13. How do proprietary traders come up with trades?

    I was hoping someone could explain this to me. I understand how say, a hedge fund comes up with its ideas, a long-short fund does fundamental research and comes up with a potential trade. But how do prop-traders do this? My perception of a prop-trading is ...

    10 comments - 0 silver bananas - Apr 29 2014 - 2:05pm -

  14. London Based HF's, Prop Shops, and Buy Side Firms

    Hi All, Just wondering if anyone has any insight into the London buy side players. I'm doing my MBA right now in UK and trying to find some good buy side shops to apply to, since they're not really typical recruiters. Thanks! hedge fund london b ...

    11 comments - 1 silver bananas - Sep 24 2010 - 5:53pm -

  15. CFT by the IFTA (International Federation of Technical Analysts)

    Hello everyone, ...

    8 comments - 0 silver bananas - Mar 18 2015 - 1:56am -

  16. trading clerk/assistant + hardwork = trader?

    First I'd like to thank flake, sxh6321, Kenny_Powers_CFA, pacman007 for responding my first post at WSO. So yesterday I got another job from a different headhunter and this time it's for trading clerk/assistant at JSC. After a bit online hunting ...

    9 comments - 0 silver bananas - Apr 5 2012 - 11:12am -

  17. Prop Shop Scam

    A note to those seeking a junior trader position. Though this is likely not news to most of you, it might be for those who will be graduating in the next few months or who are desperate for a job on Wall Street. Some (key word here) proprietary trading fi ...

    9 comments - 1 silver bananas - Mar 23 2012 - 8:46am -

  18. Has anyone had any experience with Maverick Trading (prop shop)?

    Has anyone had any experience with Maverick Trading (prop shop)? I have been trading for 3 years on my own and am interested in becoming a funded trader. Any experience or strong advice would be helpful. Maverick Maverick trading proprietary Proprietary T ...

    6 comments - 1 silver bananas - Jan 30 2017 - 6:02pm -

  19. Fired From Top Prop Trading Firm, Need Advice

    Hi all, I was recently let go from a top proprietary options trading firm (if you know prop trading, it's top 4) after about 1.5 years and am looking for advice on moving on. ...

    8 comments - 0 silver bananas - Jul 26 2011 - 11:09pm -

  20. GS SSG Multi Strategy Investing

    Hi guys- I was wondering if anyone knows anything about Goldman's SSG Multi Strategy Investing arm? There is quite a bit of information on WSO pertaining to other less liquid arms (asset investing, private capital) however MSI has not been discussed. ...

    4 comments - 1 silver bananas - Jan 23 2019 - 8:41pm -

  21. capital contribution at prop firms

    I was wondering, at some prop firms, how it often works with the "capital contribution." One firm I recently interviewed with would want a 7000 capital contribution for ~95000 in an account. Others, smaller, some more. If I were to join such a f ...

    7 comments - 0 silver bananas - Feb 19 2013 - 3:17am -

  22. Walk in Proprietary trading Firms?

    Are there any proprietary trading desks that would allow anybody to just walk in and trade with their own money? If there are, what kind of leverage do you think they would give you? Im asking because it's impossible to get in a firm without Yale, MI ...

    7 comments - 0 silver bananas - Jan 7 2013 - 6:21am -

  23. Volcker Rule- How does this affect them?

    Did anyone catch the Volcker hearing in front of the Senate Banking Committee today? I think the senate rocked that hearing asking the questions that most people were waiting to hear. Bob Corker was the man and made clear the fire walls that are already p ...

    6 comments - 0 silver bananas - Apr 24 2016 - 3:14pm -

  24. PnL% of Prop Traders?

    Does anyone have any insight into the range for the PnL of prop traders? Such as the minimum before you get sacked, the average (likely) PnL, and what a stellar PnL looks like. Or even if someone knows what sort of returns prop shops would salivate over s ...

    5 comments - 1 silver bananas - Aug 17 2016 - 7:39pm -

  25. Starting Salaries at Chicago Prop Trading Shops

    Curious about feedback. Also any opinions about various Chicago prop shops would be appreciated. Proprietary Trading ...

    6 comments - 0 silver bananas - Mar 18 2010 - 2:42pm -

  26. Offer Advice- Any general insight/advice?

    Job search narrowed down to my three best offers (best offer in each industry I am interested in):-Top 5 prop trading firm offer (Chicago)- BB Asset Backed Securities group offer (New York)-Financial Consulting offer (Chicago) Any general insight/ advice ...

    5 comments - 0 silver bananas - Apr 23 2016 - 1:51am -

  27. Quant Prop firm vs. Chop Shop

    I think this question may seem like a no-brainer to many on this forum, but I would still really like to hear some outside opinions- I have two offers from proprietary trading firms. One is focused on quantitative analysis in order to minimize risk. I wou ...

    3 comments - 2 silver bananas - May 17 2018 - 7:21pm -

  28. Remote trading

    Any recommendations on either of these firms to trade remote with? I have been trading remote for about a year and the firm I originally went with their desk support is lacking and fees were to expensive. I am now deciding between T3 Capital and G6 Tradin ...

    4 comments - 0 silver bananas - Apr 10 2011 - 3:57pm -

  29. Unique background, what is my best path into wall street?

    Graduated from a California State University school with a 3.57GPA last week, degree in Econ. Took 4 1/2 years to graduate instead of 4 because I switched from biotech to econ 2 1/2 years through. I have no financial internships due to not being eligible ...

    3 comments - 0 silver bananas - Dec 25 2012 - 6:47pm -

  30. Best prop shops in Mexico?

    I have a friend who worked at BTG Pactual in Brazil, but needs to relocate to Mexico... he doesn't speak a word of spanish, so I figured I'd help him out, but it turns out it's REALLY hard to find any prop trading desks in Mexico (or anywhe ...

    3 comments - 0 silver bananas - Jul 11 2011 - 4:58pm -

  31. current prop trader looking for advice

    I am currently entering my 13th month as a U.S. listed equities and options trader at a well-regarded prop firm, trading firm money with no money up (think of a business model similar to Shoenfeld/Opus, but with 0 training salary, all P&L from day 1). ...

    3 comments - 0 silver bananas - Oct 7 2010 - 4:12pm -

  32. virtu financial

    Has anyone heard of Virtu financial? It looks like they are a market making firm but does any one have any ideas? market making Proprietary Trading ...

    3 comments - 0 silver bananas - Apr 4 2010 - 3:18pm -

  33. Seeking advice on Development (Prop Trading)

    Greetings Monkeys, I have been hovering around this topic on my own over the past few months, for reasons you will get introduced to further in the post, and have not had much of a chance to discuss it with other people from the industry as I do not reall ...

    2 comments - 1 silver bananas - Jan 5 2017 - 6:51pm -

  34. Hello Everyone.- People with experience

    Hi, I'm Brendan. I'm a 20 year old econ major currently studying in Tokyo. My dream is to break into the business somewhere in Southeast Asia (Singapore, etc.). I'm a sophomore at the moment and have had a few internships, but I'm real ...

    2 comments - 0 silver bananas - Apr 22 2016 - 1:14am -

  35. Trader Experience in Prop Shops

    For someone that wanted to develop a long term career on Wall Street as a Trader, would it be beneficial to maybe get your foot in the door at a proprietary firm? Work your way up as you gain experience? A lot of the proprietary firms seem to deal in day ...

    2 comments - 0 silver bananas - Apr 29 2010 - 11:18pm -

  36. Hedge Fund at trading desk

    Hi Wall Street Oasis, For a trader at a sell-side desk, able to take prop positions, at what point would he be considered a PM-equivalent at a hedge fund? Specifically, what are your thoughts on: He can prop trade max size US$100mio, say US$2mio or 2% ann ...

    1 comment - 1 silver bananas - Mar 2 2019 - 12:41pm -

  37. How hard is the move from BB to Boutique for S&T

    I secured a summer analyst role at a BB for S&T, but am flirting with the prospect of joining a boutique full-time, particularly those with prop trading. I currently attend UChicago and was wondering if this move is common, or is it extremely hard to ...

    1 comment - 1 silver bananas - Feb 10 2019 - 3:27am -

  38. What Is Proprietary Trading?

    Proprietary (or prop) trading is a high-risk form of trading where instead of acting on clients orders and receiving commission payments, the trader assumes his own position with the capital of the firm. This means they will experience the full profit or ...

    - silver bananas - Jan 26 2018 - 8:21pm -

  39. Exceptional Personal Investor Wants to go Professional

    My personal trading account: 2012: net capital gain was $39,947.11 in short-term transactions using around $60,000. 2014: net capital gain was $79,870.28 with a cost of $74,034.90 based on a long-term hold initiated in 2012. I simply held my position in 2 ...

    1 comment - 0 silver bananas - Jan 7 2016 - 8:01pm -

  40. Exceptional Personal Investor Trying to go Professional

    My personal trading account: 2012: net capital gain was $39,947.11 in short-term transactions using around $60,000. 2014: net capital gain was $79,870.28 with a cost of $74,034.90 based on a long-term hold initiated in 2012. I simply held my position in 2 ...

    - 0 silver bananas - Jan 7 2016 - 7:49pm -

  41. Any stories of Hedge Fund-> Prop Trading?

    It seems getting TO a hedge fund is held up as the holy grail of career paths around here, but I'm curious if the hedge fund to prop trading path ever happens. Working in the quant/research side of things for going on 3 years now, there's a lot ...

    - 0 silver bananas - May 24 2015 - 9:26am -

  42. Soc Gen/Lyxor Trading Assistant Internship

    I'm interviewing soon for the Trading Assistant Internship on the "event-driven/merger arbitrage proprietary trading desk." Any advice? Is there a certain personality type companies look for in traders or are technical skills the most impor ...

    - 0 silver bananas - Sep 6 2014 - 3:00pm -

  43. CS Student Interested In Trading- How to Prepare for Next Recruiting Season?

    I've been browsing around this site for a while and its about time I reach out for some suggestions. I am an undergrad sophomore in CS at a top 5 CS school with a 3.9+ GPA. I have secured a software engineering internship at a prop trading firm/quant ...

    1 comment - 0 silver bananas - Apr 13 2014 - 3:37pm -

  44. New to the group

    Hello just giving a little introduction. I've been learning and trading off and on the past 5 years and I'm looking around for more info (as always) and a company that could possibly bring me on as a trader working from home. I'm not a know ...

    - 0 silver bananas - Jan 5 2014 - 6:59pm -

  45. Trading 101- Technicals to determine good entry points

    To some this might sound like dumb questions but I'm interested in learning a bit of what trading is all about. I've always been so focused on investment banking that I've never paid trading much mind until now. If anyone has any informatio ...

    1 comment - 0 silver bananas - Apr 24 2016 - 6:45am -

  46. Recent Graduate Resume Review

    I graduated last week from a California State School(3.57GPA) looking to land a job in a prop trading firm, big bank, or perhaps venture capital. I don't have the fancy internships many here do, due to my immigration status, I was not eligible for fi ...

    1 comment - 0 silver bananas - Dec 25 2012 - 6:32pm -

  47. Headlands Technologies Interview

    I got an interview coming up with Headlands Technologies. Does anyone have any experience interviewing with them (process, types of questions, etc.)? I'd imagine it to be more on the computational side of typical HFT interviews, but not sure. Since t ...

    - 0 silver bananas - Oct 20 2012 - 10:48am -

  48. Trading Record Translating to Job

    The purpose of this post is to list trading metrics that potential proprietary firms and hedge funds may find useful when examining ones trading success and a potential hire. This by no means is the holy grail, but rather the purpose is to list some for o ...

    - 0 silver bananas - Sep 8 2012 - 5:07pm -

  49. Advantages/Disadvantages of working for a small trading LLC?

    What are the advantages/disadvantages of working for a small trading LLC straight out of MBA school that offers in house training, commission based salary, and requires no securities examinations? Proprietary Trading ...

    1 comment - 0 silver bananas - Oct 9 2011 - 3:56pm -

  50. Do prop shops short change trading assistants?

    I was just wondering if anyone had any insight with regard to graduates starting of as trading assistants at a prop shop, compared with those who start at BB 's and transfer in once they have a reputation with respect to negotiating pay package. I me ...

    1 comment - 0 silver bananas - Mar 27 2011 - 11:34am -

  51. Nico Holdings- Anyone know anything about them?

    Have an interview with them soon...they're a prop equity derivatives trading firm in chicago...has anyone interviewed with them before? Proprietary Trading ...

    - 0 silver bananas - Oct 17 2010 - 10:24pm -

  52. Proprietary Electronic Trading Firm- New Firm- Seeking Pedigree C++ Developers- Chareston, SC (will relocate)

    Seeking Entrepeneural Mind Set. This person would be a starting member of this firm and share the PnL of the desk. Job Description: Independent systematic trading company is seeking developers to work on its platform and trading software. The candidates w ...

    - 0 silver bananas - Aug 9 2010 - 11:36am -