Structured Credit Traders Highest-Paid in London, Survey Shows

Traders of exotic and complex credit products are the highest-paid in London, with bonuses that can be almost three times those awarded to some of their colleagues, a survey of salaries shows.

Employees at the director level who help clients buy and sell structured credit products and exotic credit derivatives take home about 370,000 pounds ($525,000), including bonuses of about 185,000 pounds, according to the research firm Emolument.com. Traders of repurchase agreements, or repos, and products tied to money markets receive the least, being paid 221,000 pounds, with bonuses of 65,000 pounds, the survey shows.

This article was published in Bloomberg, 19th April 2016