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Equity Traders’ Bonuses Seen Rising as Rates Salesmen Face Drop

Compensation for Wall Street’s equities salesmen and traders is expected to rise in 2013, while total pay for employees in fixed-income units may drop 10 percent, according to recruitment firm Options Group Inc.

Equity-derivatives traders and salesmen globally may get a 19 percent increase in compensation, the most among categories detailed in a report this week by New York-based Options Group. Workers in both interest-rates trading and securitized products may see a 19 percent drop in pay, according to the report.