The World's Most Successful Traders In 2004 ?

We all know that whereas M&A was once King, the torch has now passed to the trading boys. Well, Trader Monthly magazine recently published its second annual list of the world's most successful traders (for 2004). The magazine has estimated what each trader makes by speaking to hundreds of industry sources, and sometimes the traders themselves. Because it is difficult to get a precise number, an earnings range has been applied against each trader's name. Here are the guys at the Top of that list:

1. Michael Hutchins - UBS, New York. Age 49. Income estimated by Trader Monthly $30 - $40m

=2. Driss Ben-Brahim - Goldman Sachs, London. 40. $25m - $30m

=2. Ken Karl - UBS, New York. 46. $25m - $30m

=2. Jon Wood - UBS, London. 42. $25m - $30m

=2. Robert Cignarella - Goldman Sachs Asset Management, New York. 36. $25m - $30m

=6. John Bertuzzi - Goldman Sachs, London. 50. $20m - $25m

=6. Jeffrey Frase - Goldman Sachs, New York. 37. $20 - $25m

=6. Geoff Grant - ex-Goldman Sachs, London. Early 40s. $20m - $25m

=6. Olav Refvik - Morgan Stanley, New York. 46. $20m - $25m

=6. Neal Shear - Morgan Stanley, New York. 50. $20m - $25m

=6. Ashok Varadhan - Goldman Sachs, New York. 33. $20m - $25m

=12. Jack DiMaio - ex-CSFB, New York. 37. $15m - $20m

=12. Simon Greenshields - Morgan Stanley, New York. 49. $15m - $20m

=12. Yan Huo - UFJ International, London. 41. $15m - $20m

=12. Michael Nierenberg - Bear Stearns, New York. 42. $15m - $20m

=12. John Shapiro - Morgan Stanley, New York. 53. $15m - $20m

=12. Barry Wittlin - Merrill Lynch, New York. 47. $15m - $20m


Source - The Trader Monthly 100

www.traderdaily.com

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