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Trader salary for this?

What do you reckon a trader at Merrill is likely to be earning, been at the firm as an associate and and advisor and worked their way up to trading? Ball park

For a friend

one hundred thousand or may be one hundred twenty thousand 1 h4v3 n0 c1u3

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merril is bofa now - prob 100-120 base in nyc. you're not trading to make base.

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Dude_CFA Wrote:
-------------------------------------------------------
> I'm gonna throw your answers back at him... (dont
> want to share this website with him as he will see
> who I am etc...)


You want to find you what he earns without him telling you?

Why don't you look on some job sites, seems obvious to me?

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1) Just wondering what a trader earned for one of the big firms. A friend of mine working for them in NYC.

His last post - he doesnt really have specifics. Thought his firm was looking to hire someone with this background.

Thread closed/

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I'm gonna throw your answers back at him... (dont want to share this website with him as he will see who I am etc...)

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That can mean anything! What sort of desk is it?

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Bit more info:

Fixed Income associate level trader. 2nd year. Just a rough estimate.

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Salary as in base or all-in?

I'm also not sure what pay was beforehand but they may also try to low-ball your friend since they know his background (seen it happen as a 'cost of transition').

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What kind of desk is it? For an associate-level trader, I would say lower range is high $100ks and upper range is in the $400ks. Of course, it *really* depends on which business you are in.



Edited 1 time(s). Last edit at Thursday, June 23, 2011 at 09:42AM by ohai.

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