Job Conditions as a Futures Trader

[showtime23]

I am familiar with job conditions (i.e. hours, etc.) as an equity prop trader but I was wondering what the hours of a futures trader was. How is compensation vs. an equity trader. What are some of the differences? Thanks for the input.

 

[Jayford]

Quote from showtime23:

I am familiar with job conditions (i.e. hours, etc.) as an equity prop trader but I was wondering what the hours of a futures trader was. How is compensation vs. an equity trader. What are some of the differences? Thanks for the input.

Hours are the same if you trade stock indexes during normal hours (well, 15 minutes longer).

Differences? Here's some:

- massive leverage
- lower transaction costs
- instant fills (electronic market)
- lower taxes on profits (60% at long term cap gains rate)