Be a commodities trader

Originally Posted by Unregistered

cheaper in the long term and short term. Because they are willing to learn and say yes to everything, can pay them less, do lots of stuffs, and complain lesser than the old birds.

is iron ore broking worth breaking into?

Originally Posted by Unregistered

is iron ore broking worth breaking into?

Brokering isn't as glamorous as trading. Lower bonuses lower benefits.

[villan]

how's the bonus like for broking?

[Megazord]

Hey has anyone heard of this company SBT in Singapore? Is it a good company to work for?

Cargill - Junior Regional Merchant
s://.linkedin.com/jobs/view/252898015

I look at my own company as an example; we are a multinational firm with 76 offices globally, headquartered in Singapore. Each year 5,000 applicants globally fight for 20 places under our graduate programme - 21/2- year programme with rotation in three countries.

Singapore-based applicants form the largest pool of applicants - yet for 2015, we had only two successful applicants. Last year, there was just one.

...

Time and time again, the students are, rightly or wrongly, perceived as academically smart but not savvy and not street-smart; not hungry and not as well-prepared for interviews compared with their global peers.

During interviews, Singapore students may try very hard to give the "perfect" answers to questions asked - maybe they see the interview as another examination. My company is prepared to invest in and teach these young recruits - we do not even care what they studied in school. And when they try too hard and give textbook answers, they may come across as naive, and are viewed in a different light by global interviewers.

://.straitstimes.com/opinion/go-beyond-book-smarts-to-resilience-and-curiosity

In my company, we continue to experiment and to be better. In order to reach out to a larger pool of Singaporeans, we have started an apprenticeship programme and interviewed polytechnic graduates who are, rightly or wrongly, perceived to be more street-smart and hungrier.

The apprenticeship is one year and if they survive that year, they go straight to the 2 1/2-year graduate programme like the others. There is a lot of interest in this programme which we just started - it is too early to judge if it will succeed, but we will be tweaking the system as we get feedback.



Above article from Tan Chin Hwee, Chief Executive Officer in Asia-Pacific for Trafigura Group

Hi anyone in risk management at agri commodity? Please advise on the career progression, pay , bonus and the exit opportunities!

Originally Posted by Unregistered

Pay wise
(1) trainee = 5k- 6k/mth (bonus depends on your team and PnL, maybe 6mths? or more)
jr trader = 7-8.5k/mth (bonus depends on ur PnL, can be more can be less)
(3) trader = 9-12k/mth
trading manager = 12-15k/mth
goes higher as we go and so do the bonus.

How many years from trainee to trader, namely going from (1) to (3)?

anybody can advise if becoming a bunker trader or middle distillates trader?