Trader salary for this? friend, their, likely

EastCoastJ

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

ASSet_MANagemen

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.

tango_gs

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').

dmrktrading

Bit more info:

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

zbird2134

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

YAhmed

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...)

laurab

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/

soverby

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?

cv4cfa

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

AnalystAlan

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