Recent content by welco11

Ive been in the same situation you should be able to land a role in back or middle office, although now is not the best time to be looking.Do your fsa exams and look for a junior broking spreadbetting or sales role.Be honest at the interviews and state although you failed and prop you have a...

You can pay for it yourself it will probably cost you a few hundred quid then apply for jobs.Be careful though these so called stockbroker jobs are at spank shops where your be calling high net worth people who have been called millions of times in the past by similar companies and try to get...

There was an article in City Am yesterday Michael Spencer at Icap saying how much investment is going into his electronic broking arm, he basically said the future is electronic and the regulators will push for everything to be done on exchange's eventually, they don't like OTC. There are a few...

Its not about what traders want its the fact banks hate paying brokerage and will do whatever is cheapest.

Wouldn't bother volumes bigger in electronic than voice broking now, in 5 years all the voice brokers will be gone.

Mate that's the equivilant of saying do you want to earn minimum wage or be a millionaire.Take the oil broking job all day long the pay at private client brokers will not even come close even to a successful institutuional oil broker.

I think you can expect 35-40 basic with 3-5k signing on fee and probably a bonus after a year aswell.Not to bad for a new grad.After 3 years you will probably be earning 6 figures +.

If your genuine I'd have a word with one of the arcades Marex etc they should be able to provide the backing and margins you require to increase your size straight away as long as you can prove your strategy,P&L and accounts.

My advice would be don't do it unless your taught by a professional to trade outrights properly using Technical Analysis etc and there are very few who are good enough to make money trading outrights.Spread trading at the arcades is very hard now as there is no real edge anymore, especially in...

Quite a small set up compared to some of the other arcades but heard they are quite good think they clear through Marex.If your're considering trading at an arcade just remember it is possible to make it but it is extremley hard to do so and when I say hard I mean hard, it is probably easier to...

I no longer wish to argue ethier.I am far from stupid and I am also far from being socialist.However I do also realise some people are put into circumstances under which they have no control.I did not go to university but I have worked extremely hard to get where I am. I agree a good education...

You A person's academic ability bears a VERY strong correlation with their future success. Do not try to bring the ‘poor kid’ act into it. It is nonsense. Me So according to you someone who goes to a school in Hackney has the same opportunities as someone at Eton.Well done to your friend at the...

I'm not disputing that a good education is the best chance all I'm saying is for this kid not to give up on a career in the city and go and get a job in a supermarket.Everyone needs hope or a dream.Unfortunatley some people do not have the same opportunities growing up as others but does this...

NotQuiteRandom I agree with you that a good education obviously gives you a much better chance however this guy has no education and I am just telling him not to give up on his dream it is possible.Traders ethier have it or they don't.Arcades may be looked down on but I guarantee you those that...

Don't give up believe me it can be done without a good eduaction.As much as people say it's what you know,believe me it's who you know that counts.I have worked in banking industry for 10 years I have traded FX for an IB,futures at a prop firm and am now on a dealing desk at an investment...