How To Get A Job On The Trading Floor

Before the electronic era trading relied heavily on these trading floors.

How to get a job on the trading floor.

Trading floor is a place where traders buy and sell fixed income securities shares commodities foreign exchange options etc. For starting career in trading one is required to get the required degree from the reputed university after which the person can build up his career by working in the various organization like insurance companies asset management companies private equity firms mutual fund companies and the other firms involved in providing the financial services. In this case you are being hired by a company to work on their trading floor a division that trades company money. Traders either stand in the center of the pit facing outwards or on the steps facing inwards.

The pits have a flat center and broad steps ascending concentrically to the edge the steps ensure that traders can see each other. Apply to analyst sales analyst floor manager and more. Hours for this job are typically long from eight to 12 hours per day. The trading floor is a large room with several circular arenas known as pits.

This is more common with financial and commodity companies that also have a trading floor. Proponents of the trading pit say having people on the floor can help relay the message of the pit and can help provide an assessment of a trader s intentions behind a buy or sell move. The general purpose of a trading floor is to give traders a specific place where they can buy and sell stocks and options.