Would you take it?

Discussion in 'Professional Trading' started by indahook, Aug 4, 2003.

  1. I got a job offer today to head up the agency desk for the BD I trade through. Salary plus .0010 per share executed. Mucho volume from funds trading on a DVP basis. The only caveat is I cannot actively trade for myself. Any thoughts appreciated.

  2. wow, that is $100 for a 10000 share order.
    is this rate normal ? it appears even high to me.
  3. No...that would be $10.00 for a 10k share order. The comp is .0010 per share.
  4. Yes, you should definitely find out more details about this.
  5. Nordic


    What's the average monthly volume flowing through the desk
  6. sorry....
  7. Right now only about 4Mil. But the BD is taking roughly 2-3 new funds monthly.
  8. maybe you better find out if they really have these large
    fund orders. otherwise, they are probably looking for
    some sales guy...
  9. I trade one room away from the desk. They are for real. But thanks for the heads up!
  10. why not take it ? sounds well...
    before you sign in, be informed about their trade error
    policy. it may be they will decrease your salary and comp
    in case of handling errors.
    #10     Aug 4, 2003