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Typical trainee trader compensation package at a prop firm
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post Nov 7 2009, 04:33 PM
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Hi guys, I have an interview in a couple weeks with a European prop trading firm in Hong Kong for a trainee trader position (i'm a fresh grad) and was wondering if anyone could gimme any info in regards to typical compensation for this type of position. I was asked to provide an expected salary during a preliminary screening phone call but i postponed it till the face 2 face since I didn't have enough information.

The firm I am interviewing with is similar to IMC, Optiver, All Options, and Tibra. As I am also looking at the bulge bracket banks I provided a range of 30-50k HKD/month which at the current exchange rate works out to about 46-77k USD/yr before bonuses. I know that typical prop firms would have a much lower starting salary and greater emphasis on performance based compensation.

Please if you have any experience with a comparable firm or just know anything about this topic please post as I am sure other members would appreciate this information as well.


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