Despite an 11% jump in profits generated by the securities industry, the average bonus received by Wall Street traders fell by more than $30,000 in 2018. A report by the comptroller for New York state found that the average bonus size fell by 17% to $24.5bn last year, despite the fact that profits generated by the broker-dealer operations of companies listed on the New York Stock Exchange rose from $153,700 in 2017 to $27.3bn in 2018.
Despite an 11% jump in profits generated by the securities industry, the average bonus received by Wall Street traders fell by more than $30,000 in 2018. A report by the comptroller for New York state found that the average bonus size fell by 17% to $153,700 last year, despite the fact that profits generated by the broker-dealer operations of companies listed on the New York Stock Exchange rose from $24.5bn in 2017 to $27.3bn in 2018.