Posted in: Experienced, Pay & Bonuses 8 March 2010 3 answers
Anonymous

Question: Fixed Income Repo Trading / Collateral Trading

Hi,

Does has anyone got an idea of what Repo Trading is like at a top 6/7 Investment Bank?

Good place for a junior to start?

Is it lucrative / well paid?

Any insight info would be good.

Thanks

Answers (3)

  1. whats a top 6/7 investment bank – are we talking bulge bracket?

  2. Basically a good bank that everyone’s heard of but not GS, JPM, Barcap or MS. I’d rather not say as I have not accepted the offer yet.

    Do you have any info on Repo and it’s credentials for pay, other opportunities (e.g in repo and money markets at a bank, as well as anything outside the Sell side)?

    Thanks

  3. ok – barcap isn’t bulge bracket, well not yet anyway, still tier 2 house in my view, not a good enough equities business. Well repo trading money is ok, not great, money markets in general is pretty flow so not much bonus dollar there – you kno most grads in our bank move into equity derivs, lots of paper flowing there!!