What do equity traders at major firms like Merrill do these days?

[Bond Trader]

The point was that the $ isn't in equities at all.

 

[OVERtheLINE]

Quote from javs5150:

Quote from Bond Trader:


Over-
Why would anyone stay away from equities? If you work on the sell side you know where the real $'s made.


Is the real $ still in selling equities? Who is buying?

Ive worked on the buy side of FI and equities and dont see
the point.... enlighten me..........

 

[javs5150]

Will major firms still recruit college grads for equity trading desks this summer? Do firms still have equity desks?

 

[StuckeyBowler]

Yes, most major houses. However, I believe the last round of recruiting will be over by the end of next month. For the amount in salary they pay, it's pretty negligible to their bottom line.

Quote from javs5150:

Will major firms still recruit college grads for equity trading desks this summer? Do firms still have equity desks?