Do prop traders need a license?
I'm wondering if prop traders are required to have a license to operate in the financial markets. Is there a specific license or certification they need to obtain?
Do banks have prop traders?
I am curious if banks hire proprietary traders, also known as prop traders, who trade financial instruments with the bank's own funds, taking speculative positions in the market to generate profits for the bank.
What percentage of bonuses do prop traders get?
I'm interested in knowing the typical percentage of bonuses that prop traders receive. I want to understand the general range or average of bonuses given to prop traders in the industry.
How do prop traders get paid?
I'm wondering about the compensation structure for prop traders. How do they typically get paid for their trading activities? Is it based on profits, or are there other factors that determine their income?