Recent content by mmone

there is a book of FAQs for bank interviews..its name eludes me at the moment but it is mentioned on this forum on other threads..or google search

abhi the best way i can explain it is the analogy of property broker=real estate agent trader=property investor brokers really have no care at what price something trades (a few more factors to consider i know but just to keep it simple we will assume this is the case) as he will get paid...

cylinder when i said buy vol - i meant volatility (ie. options) on the back of a structured product (or sell options depending on the position)..dont get me wrong there are opportuinities within banks but alot of them are sales oriented (selling products) and the opportunities to be on a true...

wholesale = more sales/relationship with brokers, dont have own book derivatives = market maker

hey..if you ever work it out (correctly) , let me know and in turn I will show you how to make some serious money :) historical vols and past implied vols will not really help you in forecasting vols for the future (neither implied or actual) only gives you guides as to where it has been..same...

ali that is why a straddle is considered a vol trade..if you buy at low vol and vol goes up then of course you will make money..or if the underlying moves far enough than you will make money also you will always make more money on the downside move as traditionally vol will rise when market...

I think Propex is a Prop Shop that let traders trade the firm's capital. Triba, Optiver and Liquid Capital are more like a Market Makers. Can someone please let me know if I am correct or not? And which firm is the best place to start my career and stay for long term? Tobi All the market...

hey joffre i would also be interested to hear more about what you have to say about propex..ie earning potential, splits, risk limits, costs, training..what is their edge, what makes them superior, what are you basing your trade decisions on etc cheers

Will answer some of this for you but the main thing about trading and these firms is your ability to think on your feet and learn yourself without having to be spoonfed. Some of the things you have asked are a bit odd (1sd of the mean of total income..I mean come on dude, do you think people...

jimmy..at risk of sounding demeaning (which alot of other guys on here have no problem being)..i would suggest that you have a very long way to go if you are asking about delta heging on simple option strategies (and delta neutral strategies) like butterflys etc for you own benefit..if you are...

Depends on where you are..Euro office I think is around 30k plus (euro) guaranteed 25k bonus at end of year..Syd office is $AU90k and performance bonus..I believe that Euro office is bringing their salary into line with the equivalent Syd salary..so I suppose it depends on your financial...

societe general still the place to be? hehe

please excuse the grammar, spelling etc with last post, very tired

imho you need to decide what sort of trading you want to embark on. I had the same career path as you, started financial planning, was successful at it but thought it pretty much sucked dogs balls and could not imagine doing it for the next 20 years. I realised that although I may have had...