And every third guy has a waste basket at screen level on the iasle for pink up. See any printers??? lol
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What do all these guys actually do on the trading floor? How much do they make?
- Thread starter Port1385
- Start date
And every third guy has a waste basket at screen level on the iasle for pink up. See any printers??? lol
I found Waldo!
Quote from central park:
MM's are the upper end of this lower end foodchain. what do they make 175k? the rest of the fancy named screen starers and telephone talkers earn far less---- 50K maybe 2 years ago!, now its 32k starting with limited chance of a bonus. the glory days are gone.
CPW
PS ask lehman boys about the new bonus structure. LMAO!
Middle office, trader support still start out at $50-$60k plus bonus but these days with all the writedowns no bonus.
Sales traders and institutional sales still make at least $150k base salary.
central park
Guest
Quote from jack hershey:
And every third guy has a waste basket at screen level on the iasle for pink up. See any printers??? lol
The printers are at the ends of the rows. If you look about 2" below the red UBS, at the end of the rows, you can just make out some business printers/copiers...
A shoeshine man sits in the middle of the floor much of the time, and usually has about 5-10 pairs of shoes to be worked on. he does a heckuva job...
Those small black rectangles on the walls are actually scoreboards, with a lot of international prices - gold, crude, etc. etc.
And about 3-4 mini-cafeterias on each side...
traders gotta have their mocha...
central park
Guest
Quote from subban:
Sales traders and institutional sales still make at least $150k base salary.
Ya gotta stop drinking the kool aid. these guys are barely making 30K USD. I see they still push the dream to the young uns however! you'll make more pitching magazines for hearst on the phone. yes, if you can sell you will make $$ commission but thats just like any other sales job--heck, people make millions selling brooms and pencils.
it's time for a reality check--see below:
<b>Sales Trader
Milton Keynes, England
Company: Mana Resourcing
Salary: £15,000
Sales Trader / Broker / Telesales / Telemarketing Milton Keynes £15k Basic -The COMPANY Our client is an independent Derivatives broking company which is authorised and regulated by the Financial Services Authority. They service domestic... markets. The ROLE They are looking to expand their Trading / Sales Desk by recruiting a Sales Trader at their Milton Keynes... off site training and examination sponsorship. The position comes with a basic salary of £15k </b>
Quote from central park:
Ya gotta stop drinking the kool aid. these guys are barely making 30K USD. I see they still push the dream to the young uns however! you'll make more pitching magazines for hearst on the phone. yes, if you can sell you will make $$ commission but thats just like any other sales job--heck, people make millions selling brooms and pencils.
No buddy - you are mistaken. This ad is for something not at all what is traditionally considered sales traders (despite what it says in the title, which is followed by telesales? telemarketing? good god no. instituational sales traders go out and see their clients all the time with analysts and other traders). A decent sales trader with a few years' experience should be around 100-125k base + bonuses than can be > 100% of base.
£Quote from sjfan:
No buddy - you are mistaken. This ad is for something not at all what is traditionally considered sales traders (despite what it says in the title, which is followed by telesales? telemarketing? good god no. instituational sales traders go out and see their clients all the time with analysts and other traders). A decent sales trader with a few years' experience should be around 100-125k base + bonuses than can be > 100% of base.