Head-to-head

D. E. Shaw & Co. vs Société Générale (Global Markets)

A direct, side-by-side comparison of D. E. Shaw & Co. and Société Générale (Global Markets) — profit splits, evaluation fees, payout cadence, supported assets, and trading rules. Data pulled live from our firm directory.

Quick verdict

D. E. Shaw & Co. is best for

news traders.

Full D. E. Shaw & Co. profile →

Quick verdict

Société Générale (Global Markets) is best for

traders who prefer Bank or Institutional Prop Desk and a Paris, France-based firm.

Full Société Générale (Global Markets) profile →

Not sure which fits?

Help me decide between D. E. Shaw & Co. and Société Générale (Global Markets)

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Cost & compensation

Cost and compensation path

Published fees and payout timing apply to trader-paid funding programs. Firm-capital and institutional paths are shown separately because their economics usually depend on hiring, allocation, salary, bonus, or profit-sharing terms.

D. E. Shaw & Co.

Bank / Institutional

Not applicable for this model

This is a firm-capital or hiring-based trading path, not a trader-paid funding program. Compensation is typically handled through salary, bonus, draw, allocation, or profit-sharing arrangements rather than a published evaluation fee and payout schedule.

Société Générale (Global Markets)

Bank / Institutional

Not applicable for this model

This is a firm-capital or hiring-based trading path, not a trader-paid funding program. Compensation is typically handled through salary, bonus, draw, allocation, or profit-sharing arrangements rather than a published evaluation fee and payout schedule.

Decision guide

Best for your trader type

AttributeD. E. Shaw & Co.

Bank / Institutional · est. 1988

Société Générale (Global Markets)

Bank / Institutional · est. 1864

Cost
Evaluation fee
Monthly fee
Evaluation requiredNoNo
Instant fundingNoNo
Capital
Profit splitBonus-based compensation
Max allocationEmployee firm — no retail evaluationsFirm Capital
Account sizesEmployee firm — no retail evaluationsFirm Capital
Scaling
Payouts
FrequencyN/A (employee comp)Annual Bonus
First payout
Assets
FuturesYesYes
StocksYesYes
OptionsYesYes
ForexYesYes
CryptoYesNo
Trading rules
News tradingYes
Overnight holdingYesYes
Weekend holdingYesYes
Copy tradingNoNo
Technology
PlatformsProprietary systemsInternal
Data feed
Company
HeadquartersNew York, USAParis, France

About D. E. Shaw & Co.

Global multi-strategy quantitative investment and technology firm with significant proprietary trading.

Full D. E. Shaw & Co. profile →

About Société Générale (Global Markets)

SocGen's markets division is a leading equity derivatives, structured products and cross-asset house.

Full Société Générale (Global Markets) profile →

Trust & stability

Reputation and rule-change activity

Two added decision signals: a weighted reputation score from independent review sources, and a 90-day view of structural rule-change activity where monitored sources are available.

Reputation

canonical
3.2/ 5
Sources used
1
Confidence
low

Weighted blend of independent trader-review sources. See methodology.

Rule Stability

last 90d
Unavailable

We do not currently have enough monitored public rule sources for this firm to report rule-change activity honestly.

Reputation

canonical
1.8/ 5
Sources used
1
Confidence
low

Weighted blend of independent trader-review sources. See methodology.

Rule Stability

last 90d
Unavailable

We do not currently have enough monitored public rule sources for this firm to report rule-change activity honestly.

Frequently asked

Common questions

Is D. E. Shaw & Co. cheaper to start than Société Générale (Global Markets)?
D. E. Shaw & Co.: evaluation pricing varies. Société Générale (Global Markets): evaluation from —.
Which pays out faster — D. E. Shaw & Co. or Société Générale (Global Markets)?
D. E. Shaw & Co. payouts: N/A (employee comp). Société Générale (Global Markets) payouts: Annual Bonus. First-payout eligibility: D. E. Shaw & Co. — n/a; Société Générale (Global Markets) — —.
Can I trade news at D. E. Shaw & Co. or Société Générale (Global Markets)?
D. E. Shaw & Co.: permits news trading. Société Générale (Global Markets): policy unconfirmed.
Can I hold positions overnight at D. E. Shaw & Co. or Société Générale (Global Markets)?
D. E. Shaw & Co.: allows overnight holds. Société Générale (Global Markets): allows overnight holds.

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