Hoare Capital Markets LLP

Can anyone recommend any other similar firms to this i.e smaller firms run by people from reputable IB's?
 
gooseman said:
You want to be a trader and you're not interested in the money? Are you insane? Say that in an interview and you'll be out of the door.....
Click to expand...

Here's what's interesting about trading. We eat what we kill! And traders are usually motivated by money, but at the same time there's one huge important contradiction..
We must be willing to lose it all, or at least small portions. So we're not attached to money, it's our tool to capture the movements of the market. :cool:

I think if I went to an interview, I would mention the money as a perk, but I would mention how playing the game is pure enjoyment. Even if it was paper trading, just trading is fun in itself. I find that I do better when I distance myself from the money aspect. :clap:

But the $$ needs to be on the backburner...
It's the afterthought of good trading.
 
See, to be honest, I would have to point out that its not money that drives you,

Money is a commodity, that in itself is entirely worthless....... its the things you can use money for which are of value.

Personally, I think those that do it for the love will always out perform those who are just in it for the money.

In my opinion its naive to suggest its about money, when you know its about the game, and being the best.

The money is just the scorecard
 
GammaJammer said:
I dunno Goose - maybe not those exact words, you're right, but can make a case for someone saying that the job and the intellectual challenge comes very much first, but if you get paid great money if you're good at it, added bonus.

I personally (and it is my own personal view only) don't have a problem with that at all.

Still not gonna hire you though James - sorry mate ;)

Good luk

GJ
Click to expand...

lol are you interviewing me? what is the position? Can I have a secretary, diving instructor and a cook?
 
I am still no nearer to ascertaining whether this position is going to be a good career move should I get it. After all I want to be doing screen trading eventually, however I don't mind going around the houses to get there.

Realistically is this a good step onto the ladder? or is it the wrong ladder completely?

Some of you mentioned I will learn a lot which is definitely a good thing, but will I be able to progress towards screen trading in the long run?

P.S Has anyone heard of the company or any of the directors previously mentioned or on the site.
 
Going on the available info. this is a start up brokers by an MD from Tullets. An MD from there isn't going to leave to set up something that will flop so it doesn't sound like a boiler room or anything. If you join and it grows quickly you could find yourself making serious money v. quickly.

Anyone thoughts around joingin a start up like this?
 
james, I know some of the people at Hoare and am therefore interested in your predicament.. you said that Hoare Capital are targeting niche markets which are not available for screen trades, and considering they are recruiting for a sales trader role this doesn't seem to match very well with your aspirations to become a 'screen trader'.. It seems to me that the role you are looking at is much more about sales and broking rather than executing trades.

With regards to the uncertainty about the firm I personally think that joining a young firm has massive benefits and opportunites although the risk is substantial. However this shouldn't worry you so much considering you, like me, are at a very early stage of your career.

If I were you I would think really carefully about where I want to be in 5 years time and backtrack from there. I completely agree with GammaJammer in that this will be a very specialised role and will most definitely limit your options in the future (although it will open many doors within its sector!!)

ps, have you discussed your qualms with Hoare? they might be able to make the distinction more clear-cut
 
haabla said:
james, I know some of the people at Hoare and am therefore interested in your predicament.. you said that Hoare Capital are targeting niche markets which are not available for screen trades, and considering they are recruiting for a sales trader role this doesn't seem to match very well with your aspirations to become a 'screen trader'.. It seems to me that the role you are looking at is much more about sales and broking rather than executing trades.

With regards to the uncertainty about the firm I personally think that joining a young firm has massive benefits and opportunites although the risk is substantial. However this shouldn't worry you so much considering you, like me, are at a very early stage of your career.

If I were you I would think really carefully about where I want to be in 5 years time and backtrack from there. I completely agree with GammaJammer in that this will be a very specialised role and will most definitely limit your options in the future (although it will open many doors within its sector!!)

ps, have you discussed your qualms with Hoare? they might be able to make the distinction more clear-cut
Click to expand...

Yeah I agree,

Im sure its not going with the original plan, but then... life never does really

I went to an interview today and met with the other director, Tony who I was extremely impressed by.

I think I have come to the conculsion that should I be offered a position it would definately be a worthwile gamble.

:) thanks for your help!
 
i have spoken to them as well

what have u decided to do I was offered a position by hoare capital and was wandering what u decided to do ??? I think the guys were up front and honest ....what was your impression ?
 
I was offered a position, I took the position, 2 weeks in, So far so good!

Oh and I am working as an inflation swaps broker :)
 
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