Traders on the Junior Desk at Raen are classified as 1099 independent contractors. This arrangement comes with a profit-sharing split of 80% in the trader’s favor.

As traders progress (at Raen’s discretion, typically based on exceptional performance and demonstrated institutional-level trading discipline), additional opportunities open up—including expanded risk limits, institutional seat rates, and potential K1 partnership structures.

In short, traders begin on a flexible 1099 structure and, upon demonstrating sustained institutional performance, may transition into more sophisticated profit-sharing arrangements (K1) with enhanced terms and risk parameters.