Does Goldman Sachs trade commodities? (2024)

Does Goldman Sachs trade commodities?

GS currently provides certain indicative commodities spot, swaps and futures prices to its counterparties across a range of electronic platforms.

How much does Goldman Sachs pay commodities trading analysts?

The estimated total pay range for a Trading Analyst at Goldman Sachs is £49K–£58K per year, which includes base salary and additional pay. The average Trading Analyst base salary at Goldman Sachs is £55K per year.

Does Goldman Sachs do trading?

Our global equities professionals provide ideas, execution, and liquidity to a wide array of clients focused on trading the entire range of equity products, from physical shares, to ETFs, to synthetic shares and baskets, to options and other derivatives.

How much does commodities sales pay at Goldman Sachs?

The estimated total pay range for a Commodities Sales at Goldman Sachs is $115K–$211K per year, which includes base salary and additional pay. The average Commodities Sales base salary at Goldman Sachs is $119K per year.

What trading platform does Goldman Sachs use?

Goldman Sachs Electronic Trading's (GSET) REDIPlus provides a single platform for order routing of equities, futures, options, synthetics, and FX across the Americas, Europe and Asia.

What is the highest paying job at Goldman Sachs?

Goldman Sachs employees rate the overall compensation and benefits package 3.7/5 stars. The highest-paying job at Goldman Sachs is a Partner and Managing Director with a salary of $798,280 per year (estimate). The lowest-paying job at Goldman Sachs is a Clown Car Driver with a salary of $52,250 per year (estimate).

What is the salary of a commodities trader graduate?

Chrispin says a typical starting base is around 30,000, rising to 45,000 after two years and then 50,000-60,000 after four years.

What do Goldman Sachs traders do?

We make markets in and clear client transactions on major stock, options and futures exchanges worldwide. Through our global sales force, we maintain relationships with our clients, receiving orders and distributing investment research, trading ideas, market information and analysis.

How much does Goldman Sachs pay algorithmic traders?

The average Algorithmic Trader base salary at Goldman Sachs is $147K per year. The average additional pay is $37K per year, which could include cash bonus, stock, commission, profit sharing or tips. How was this calculated?

Is JP Morgan better than Goldman Sachs?

Key Takeaways. Goldman Sachs pays a higher dividend yield than JP Morgan Chase. The Market Cap of JPM is over 3.5 times the size of GS. Both companies expect inflation to level in 2023 with less turbulent market activity.

What is the average partner salary at Goldman?

Average Base Pay

The estimated total pay range for a Partner and Managing Director at Goldman Sachs is £906K–£982K per year, which includes base salary and additional pay. The average Partner and Managing Director base salary at Goldman Sachs is £946K per year.

How much do first years at Goldman Sachs make?

The average First Year Analyst base salary at Goldman Sachs is $127K per year. The average additional pay is $24K per year, which could include cash bonus, stock, commission, profit sharing or tips.

How much does a VP of sales make at Goldman Sachs?

Total Salary Range for Goldman Sachs Vice President Sales

The estimated total pay range for a Vice President Sales at Goldman Sachs is $256K–$423K per year, which includes base salary and additional pay.

Does Warren Buffett own Goldman Sachs stock?

Buffett has been known to invest during difficult periods for the market, famously buying a stake in Goldman Sachs during the financial crisis and in Bank of America when that bank ran into trouble a few years later. Here is history on Buffett's involvement with banks and current holdings in his investment portfolio.

Does Goldman Sachs have online trading?

Our electronic trading solutions are complemented by an iterative approach to execution quality that allows us to effectively respond to changes in client needs and evolving equity markets.

Who is Goldman Sachs biggest competitor?

The main competitors of The Goldman Sachs Group include Charles Schwab (SCHW), Morgan Stanley (MS), BlackRock (BLK), Interactive Brokers Group (IBKR), Royal Bank of Canada (RY), Progressive (PGR), Mitsubishi UFJ Financial Group (MUFG), Citigroup (C), Prologis (PLD), and HSBC (HSBC).

Is Goldman Sachs a stressful job?

Working at Goldman Sachs can be difficult and stressful, especially in roles that require long hours and intense workloads.

How hard is it to get into Goldman Sachs?

How Hard Is It to Land a Job at Goldman Sachs? Getting a job at Goldman Sachs can be hard. In 2021, Goldman Sachs hired only three percent of all job applicants, which numbered roughly 267,000. Getting an internship at this investment bank is no less competitive.

Does JP Morgan pay more than Goldman Sachs?

At the same role Goldman Sachs 100% pays more. Their bonus is set to be sometimes more than 100% your salary as you get more senior. Generally, no. Most MD-level people at GS have a better revenue share than those at JPM.

Can you make a living trading commodities?

Trading commodities for a living is a dream of many aspiring traders, but only a small number of people can make this a reality. Although it is a difficult process, there are several things you can and must do in order to make this a profitable and lasting venture.

Do commodity traders make a lot of money?

The salaries of Commodities Traders in The US range from $73,918 to $762,812, and the average is $166,453.

Can you make a lot of money trading commodities?

You can make a lot of money through futures contracts if you're right about the underlying commodity price, but you can lose a lot too. Be sure to understand the risks involved so you can avoid, or at least be aware of, the potential for a margin call and other events that can impact the success of your trade.

Who is Goldman Sachs best trader?

Goldman Sachs' top London traders: the definitive list
  • Laudiero joined Goldman from Credit Suisse in 2014. ...
  • Ben Readman – head of environmental products trading and European power.
  • Readman joined Goldman in 2021 from Macquarie, where he was head of environmental products and continental power. ...
  • Lear Janiv.
May 24, 2023

How to get into trading Goldman Sachs?

To become a trader at Goldman Sachs, you will need to meet the following requirements:
  1. Education: A bachelor's degree in a quantitative field, such as finance, economics, or mathematics.
  2. Experience: Trading experience is not required, but it is helpful. ...
  3. Skills: You should have strong analytical and quantitative skills.
Jan 28, 2016

What is it like to be a Goldman Sachs trader?

A fast dynamic environment where I learned something new every day. Having come from a mainly Fixed Income backround I learnt the complex structured dividend arbitrage side for International Equities. Although I had traded equities at AIG I had not on the volume or scale as at Goldman Sachs Agency Lending.

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