How To Get A Job On The Trading Floor

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How to get a job on the trading floor.

Before the electronic era trading relied heavily on these trading floors. Trading is conducted in the pits. The general purpose of a trading floor is to give traders a specific place where they can buy and sell stocks and options. Hours for this job are typically long from eight to 12 hours per day.

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. In this case you are being hired by a company to work on their trading floor a division that trades company money. 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.

The trading floor is a large room with several circular arenas known as pits. It can be defined as that segment of the market where the trading activities by the dealers in the financial instruments like equities debt derivatives bonds futures take place they take place in various. Apply to analyst sales analyst floor manager and more.