Dresscode on the Trading Floor

Hey, I'll be interning this summer in S&T. I have to go shopping for clothes before I go. I was wondering what's the dresscode? Will I have to suit up every single day? or is it more relaxed? I imagine it varies between banks but generally speaking how do people dress on the day to day in S&T and how should I being an intern? Thanks!

 

This is something you need to ask your contacts at the bank about. Ask the person in charge of your desk or one of your 'mentors'.

 

Lehman and Deutsche are the only two that require suits that I can think about. Neither requires on to wear the jacket while on the desk, so it is basically tie, shirt, and suit pants. Also, DB has a business casual dress code in the summer months.

Rumor has it that Anshu Jain liked wearing his Savile Row suits so much that he adopted a business formal dress code in DB Global Markets. As not to be embarrassed by better dressed traders, IBD had to follow suit.

 

Suits but no ties - unless you are being dragged in with sales to meet a client naturally - and business casual during the summer.

Having said this if u make the money do what u like, it has been known for people to roll up in football shirts...

 
BBand:
Having said this if u make the money do what u like, it has been known for people to roll up in football shirts...

Very true. Some of the top guns on the energy desk on my floor show up in jeans n t-shirts and nobody seems to complain.

 

Go with the suit. It shows professionalism and demonstrates the idea that you are putting yourself beneath whoever you may be shadowing.

Value investor working in the hedge fund industry. Portfolio Manager, Analyst at a $380+ million Texas-based value investing HF. Former Research Consultant, Analyst at a NYC-Based deep value and special situations HF.
 

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Under my tutelage, you will grow from boys to men. From men into gladiators. And from gladiators into SWANSONS.
 

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