Group One Failed to Adapt to Current Times - Avis employé Trader Trainee Group One Trading

Its actually not profitable to be a equity options market maker anymore. Bid ask has shrunk to nothing and this firm uses a delta neutral strategy. They actually hit you with a 200k pnl bill after you start for training costs before you can start making a percentage of your pnl. I was fortunetly let go and retooled as a credit trader. I don't really see a future for companies like as the market has become very efficient and order driven.