How do you make a transition from physical commodity trading to a derivatives role? Like the role but exploring a transition to the paper side.

like
Posting as :
works at
You are currently posting as works at

Firstly, read, research and paper trade different derivs strategies (time spreads, arbs, product spreads, outrights and options). The easiest transition would be into trading the paper market of the physical market you trade, via weighing in on hedging decisions, asking to run a small paper book on the side etc.
More drastically you could apply to something like the Trafigura international trader program, where you would get exposed to more markets and potentially the derivs side.
Learn to code in Python.
Make sure you know why you want to move - it is not ‘easier’ to make more money, it very much depends on your skillset and temperament.

like

Thank you for the advice, I have started on all these things over the past month or so and I have made some head room. I am also studying for my series 3 but I am wondering how to market myself as I haven’t been getting the looks I’d hoped to get as I trade lumber and the futures market isn’t as liquid as other products.

Related Posts

How hard is a career pivot from digital advertising to a product manager or even developer? I’m learning python 🐍 and at the point where I’m working on a pretty advanced project. I think having technical skills in combination with digital marketing can increase my net worth in the long run .

like

Hi,

I am going through psychological stress, mild depression and anxiety issues due to recent workload and have lost all motivation to continue. I am planning to quit but afraid will i get a job post that. What shall i do?

like

Currently iam working as a Senior analyst in operations. However, is it good to go for Data analytics rather than continuing in the same Supply Chain field?

like

What steps should I take to become a marketing manager in 4 years? I'm currently a coordinator but I'm very goal-oriented. Determined to achieve this!

like

how much harder is banking then valuation?

likefunny

Why is it so hard to find a remote HR position? I have my SHRM-SCP, my MBA and over 10 years of experience being an HR Manager.

likesmart

looking for referral to b4 consulting firms. recently let go from deloitte as part of current headcount reductions. any assistance is appreciated. please DM me, thanks

like

Typical / best exit opps from Strategy consulting in FS sector?

like

Hi fishes, I am looking for job change..so any referrals will be helpful. I'm working in SaaS , Marketing Automation.
Current role : Customer Success Manager
YOE: 7+ years

Thanks in advance !! …

like

I work as a worker’s compensation adjuster and I cannot seem to get the hand of loss of time. Been in the same role for a year. Any piece of advise? I have made several improvements but it feels like I’m dragging it out. Last question is how do you manage claims that you have not handle for months and you’re too scared to do anything.

like

Hi, I am looking for a referral at Barclays , I have the job ID with me. Can someone please help me? Thanks in advance

like

Anyone in F&A get promoted from Director to Senior Director?

Hi Fishes,

Looking for advice please!!
Have three offers from Shell, BP and Airbus for IT service delivery role.

BP: 23 Lpa + 1L joining bonus with 1 year lock in ( location : pune)
Airbus: 26lpa + 5 L joining bonus with 3 year lock in( location : bangalore)
Shell: 26 lpa ( final offer being rolled out)location : bangalore

Please advice which company would have a good growth story and work life balance....

Airbus looks attractive but have heard some very harsh reviews on work life balance.

like

How would you approach an interview process where the company sounds exciting but you feel confident the role would not be a growth opportunity for your skill set? Is there a good way to respectfully approach that topic with the interview team and find a role that might be more exciting for you? Or is it better to walk away?

Anyone have a couple of great recruiter that you could recommend for a SAAS sales position in Houston Texas?

like

I’ve been dabbling with the idea of getting into copywriting as something to soon the side but I have no experience doing it. What steps should I take (books to read, gigs to start with or pursue, etc) if I want to go from $0 and next to ) experience to $40k or so a year?

Right now I’m currently unemployed and taking a break from my fine art stuff to try to get back into tech sales, but I was looking to expand my skill set and also generate extra money at the same time.

like
like

What is the salary range for lateral entry employees who has 8 + years of experience? Role is level 9 and Technology stack is pega.

like

More Posts

What is the average salary for 5-7yoe full stack dev in Canada?

like

What about year end appraisal in Mphasis? When it will happen. What about hike percentage?

like

When do we get salary ?
Last day of month?

like

First time cooking steak. Yay or nay!

Post Photo
likehelpful

5th September is my last working day at Infosys. Yoe=4+ yrs
Tech= aws devops
I hold an offer of 18LPA from KPMG with joining date of 7th September. (Wfh)
I applied at Workday on 15th May and went through 7 technical rounds of interview and received a verbal offer letter of 21LPA (hybrid)
Now apparently their technical panel "forgot" about the interview and wants to have a discussion again as 8th technical interview. HR says their joining date will be 19th September.

Should i join KPMG?

like

Hey guys, Does VMware giving WFH or hybrid option?

like
like

I am looking to connect with any HR of Natwest. Can anyone help?

I’m not too familiar with the NYC market, pls help. Interviewing for a senior copywriter role at a healthcare agency. Was told the avg salary for the role is 85-90. Seems low, right? If we get to an offer stage, what should I be shooting for? 6 years experience.

like

Need to kind of just runaway somewhere for the summer for mental health reasons…any recommendations on a place where it’s easy to meet people?

like

Hello fishes/sharks, what is the average hike conidering an average performance, and what is the tentative promotion cycle for band 30 BA

Answers need not be accurate, tentative works

like

Anyone in the KPMG Lighthouse practice that would be willing to take a look at my husband’s resume and put in a referral? He’s interested in the Associate, Data Scientist position.

like

Is there any way to preserve/sell a Spirit airline reservation credit? Mine expires at the end of the year. Had to cancel over the summer due to extreme delays and uncertainties.

likefunny

Hi can someone refer me for data management roles?

like
like

These cats! They’re the best.

Post Photo
likeuplifting

Buddy , how to apply for h1b from india is it possible i heard some consultancy does that

Hi, I was curious if anyone had any jobs or companies that had a position with a mix of consulting/healthcare/pharmaceutical. I currently work in clinical operations and research, and would love to jump or learn into a tech side company with pharmaceutical exposure. Not sure if these are out there but figured I’d see!

like

Thoughts on Marcus vs. Ally vs. Wealthfront? Looking for a place to park my emergency savings

Additional Posts in Commodity Traders

What's the difference between ICE & Platts?

Hi all,
Anyone looking for sugar?

Hi all,
I am coming to the end of a two year stint as a lumber broker, where I had to build my own book. Looking for my next move that does not require cold calling. I have about 6 months until I feel that I need to make a decision. Any thoughts or opportunities come to mind that I could make a lateral move towards?

Will IMO impact crude flat price? If so how?

With the spread between spot crude oil and futures being so wide rn, I was wondering if there's a lot of arbitrage going on? How much does transportation and storage cost? Why does the spread persist?

Currently a Trading trainee at major ag trader and have offers for trading assistant roles at Glencore and major energy focused HF. Better for long term if plan is to move to prop desk in 1-3 years?

like

What’s the best city for commodity trading right now? Combination of opportunities, time zone, comp net of taxes, lifestyle...

A bit uncertain about what I should do with my career. I am in a commercial role, doing some derivatives trading (mostly hedging, but getting to take some basis risk). My firm is small, and I am getting to do a lot of new things, but I’m not getting to “learn from the best”.

What should I be considering longer term? 5-10 YOE, only recently actively trading.

like

Currently at a supermajor, wondering about job security given low oil prices. Any thoughts?

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal