Hi everyone,

I was graduated on 2020 and started as a self-employed retail trader in february. It's been 2 years since I have been trading Malaysia equity stocks and began to trade FCPO futures earlier in the January this year. In the meantime, I'm also a licensed unit trust consultant in Principal Asset Management for 1 year+, is now managing about 400k worth of assets.

Wanted to start my career in fund management and grow further as a fund manager, but I think it is impossible for now so I am planning to start the journey as a trader first, and consider to do internal transfer after gaining enough experience.

Can anyone share their experience on getting a job in a prop firm / IB as a non-finance graduate? Would't mind if anyone could also advice me on the career path as well.

You can contact an IB/broker prop trading department, sometimes called PDT/IVT traders. Affinhwang, Kenanga, TA, Malacca Securities are among the brokers that have this business.

The normal MO is they give u trading limit, n a profit share arrangement.

This post has been edited by Cubalagi: Jun 16 2022, 05:13 PM

Are they usually salaried position or fully commissioned?

There might be a small basic salary, but it's mostly profit sharing.

Fund manager and trader are 2 different roles. Dont think you can swap to fund manager role from trading role. Fund management in malaysia relies on fundamentals and uses mid- long term approach. Not technical analysis and short term trading approach like a trader. So if u wanna become a fund manager, u should become an analyst first. Your writing skills have to be good.Usually takes about 5-10 years to jump to fund manager role if you are good enough.

I see... I have tried to apply Equity Research Associate but so far no replies... guess it's really a tough process for non-finance graduants

Since u trade fcpo and stocks. U can apply for UOBkayhian derivatives trader. They also day trade stocks as well. Sometimes u might be market making in which you are given a certain amount of capital to buy shares at a certain price level within a stipulated time for companies(share buybacks as an example) or for IBs. A very small % of commision from this goes to your pay.

Sounds great, I'm gonna try to look up for it. Do you know about Module 6 & 7 as well? I received an email from one of the broker firm asking me to arrange an exam schedule for Module 6 & 7 from SIDC. I've read the application form and it requires me to write who am I trading for, I believe they won't allow me to write the firm's name without passing the interview. How is the actual procedure if I have to apply it for myself?

If the broker firm ask u to take mod 6 and 7 means they are already planning to hire you. No?

hmm, I don't think so... I'm wondering if I could apply for exam as an individual without stating any firm names. Heard that most of the people apply with their existing license that they had from the previous employment.

Wah so ngam ah early this year haha. Makan2 oh commodity

hmm not really, I trade tick charts and I don't hold any position overnight