Needing advice as an intern at an options market maker
- Thread starter Dannyxl
- Start date
OK, something is not adding up here. I will bet my right nut that this story is completely phoney. There is not a market making firm on this planet that would put an intern on a seat. For one, they have to own the seat for him to make markets on it. That is a huge expense and no intern is going to take that responsibility. I have no idea Danny why you are putting this charade on here, but I spent a decade in that business. And your story is simply not believable.
This is false; there are several small-medium sized traditional shops that EMM and have member rates who are looking for fresh minds and not some piker who's been "doing it" for 20 years. Letting him trade 1 strike with a few lots isn't as big of a deal you are making it seem. OP pm me and well discuss some ideas as to how to get started the rift rafters here just punting you so they can apply to your firm.
Well we aren't talking the pits here, where a scratching your head could turn into a buy order.
College guy might be entering vols and skews into the system based on what the risk manager/head trader/quant publishes. It's a nice start. Let's keep the conversation online. This is interesting stuff.
College guy might be entering vols and skews into the system based on what the risk manager/head trader/quant publishes. It's a nice start. Let's keep the conversation online. This is interesting stuff.
If he's trading KOSPI, he'll be trading on the screens. It's a different style of market than the US equity option market, so perhaps they're not sure how to instruct, but my guess is it's going to be a very short leash.