Why does market making get so much hate?
I've worked on a physical trading floor, it was so fun and fast-paced. Calls all the time, emails negotiating, making money in minutes. Market making sounds somewhat similar with a much more technical analysis. I get that it's a high volume, low margin industry so the hours/work is 'traditionally' considered terrible.
My question is, why do new grads get so easily sucked into this industry? Considering salaries can be pretty high (even in comparison to other finance roles), why do these places get so much shit? Are they frowned upon by other finance sectors? Does this restrict exit ops?
Companies like Marex, TPICap, and Onyx seem like some top market makers. Are there others in the commodities industry that have a similar or better/worse rep?