The oil market’s rollercoaster volatility is translating into multimillion-dollar signing bonuses for some of the traders who can stomach it. This year, one oil trader scored a $5 million signing bonus after joining a multi-strategy hedge fund. It’s far from the only massive number. Signing bonuses in the $1 million to $5 million range are becoming more common, though higher payouts are seen only in exceptional cases. Hiring in energy markets is up 15% over last year, according to executive search firm Proco Commodities, as firms look to cash in on dramatic price swings. The jump in activity is translating into much ... (full story)