29-year-old equity derivative VPs are being hired on large packages

This is a good time to work in equity derivatives. Equities sales and trading revenues are booming and equity derivatives revenues are booming most of all. They were "exceptionally strong" in the first half of the year in the estimation of market intelligence firm Tricumen. Speaking to CNBC last week, Kevin Kelly, the global co-head of equities at Goldman Sachs, said volatility around single name stocks, combined with market appreciation, is generating demand for hedging: "The equity market gene