<t>You can get paid reasonably well as a inter-dealer broker. Lets put it this way, if you are the top guy at your shop with a few decent accounts then you earn probably a tad more than the average trader in the market. The enviornment is extremely competitive - you get a pretty pathetic base salary...

This site is not really the right place to look for such info. Try efinancilcareers.com or vault.com.

If you...1. make those who owe you money (i.e. customers) pay up immediately2. delay payment to those you owe money to (suppliers)3. keep a tiny inventorythen yes it is indeed possible. In fact you can even have negative working capital - i.e. others are funding your day to day activities.

<t>I don't think it matters.Lets say you're applying to UBS. They shouldn't be surprised at all if you also happen to be applying to Merrills. In fact HR persons will most likely ask if you have applied to other banks during interviews. It gives them an idea of how well the firm is regarded by stude...

<t>Well there's really no real harm with applying to more than 6 banks - exceot that it'll take you more time to fill in applications forms.And if you're really that worried that you're in danger of missing opportunities then you definitely haven't applied to enough banks.And if you still feel that ...

you'll need to take debt service into consideration.interest charge is a p/l item but debt amortisation isnt necessary.

<t>For HR, having a MBA means:1. You have an extra qualification2. You had some work experience3. You successfully went through the MBA candidate selection process (done by another institution)So HR regard someone with MBA as a safer bet at someone without one.For the candidate, what they gain from ...

<t>I banking (i.e. M&A/corporate finance) is very different to trading/capital markets when it comes to skills requirements. So you cannot just assume you can enter a programme (and select a few courses) and expect employers to view your applications favourably from these 2 areas.In general corp...

Are you talking about implied volatility in the option market or realised volatility of the underlying?

<t>QuoteOriginally posted by: FlyingQuantQuoteOriginally posted by: jomni"I want to see the whole business. I want exposure in Front... (Middle)... and Back offices. So that I will be the Boss one day."Regardless of how you word it do you honestly believe someone is going to believe that line??Shoul...

Forgot to mention a delta hedger who runs short gamma earns time decay. To see why think of a long gamma position. You're expected to make money from delta hedging so there's a cost to it (there's no free lunch).

<t>QuoteOriginally posted by: yoyogiany materials explain this in simpler language rather than John Hull?thanksFor someone who delta hedges a simple option position (i.e. just long or short options), the sign of gamma tells you whether he'll make money from the delta hedging.Short a 1 month call opt...

<t>QuoteOriginally posted by: benwmI'll do just that traderjoe - surely even a HR idiot will understand that a course with the title 'Advanced Study in Mathematics' from Cambridge is not a walk in the park. As their website states amusingly "this is not an easy course". And as my tutor from another ...

<t>QuoteOriginally posted by: playerDoing PhD but while I did the Part III courses I did a MSc instead....Quite alot of people who did the Part III courses ended up doing PhD's...Bear in mind I sat the courses when Wilmott.com had only just started so quant jobs were not mainstream yet...The one ben...

<t>The only fact you know is that you didn't get the job. It was the first round interview so how much did those 'other people' in the company know about you? The person might have discriminated against you. He might have found a better candidate. Or may be he simply thought you were not good enough...