So, obviously with the great reviews of my last article about Sales and Trading I was bombarded by people to do one for IBanking. Now obviously I am not an IBanker so I reached out to my friends who are IBankers and professors in the area and got you guys the best of 30 different [...]
With recruitment for 2020 in full swing I figured what better way to help you guys than to find ways to increase your odds of getting into Sales and Trading. This has been an article and topic I have wanted to write about for a long time. As a non-target I always had to go [...]
As promised, I spoke to a few hiring managers and we came up with a clean template that we like. Here is fake sample profile and resume made. Always remember, 1 Page only. Even people with 30 years of experience provide one page resume so there should be no reason you cannot. The [...]
So the first thing to understand about US investors buying bonds in other currencies is interest rate parity. Interest rate parity is a no-arbitrage condition representing an equilibrium state under which investors will be indifferent to interest rates available on bank deposits in two countries. Surprisingly this condition does not always hold and creates arbitrage opportunities for FX traders. Covered interest arbitrage is [...]
https://imgur.com/a/sUWWBJc *These number change constantly. This is as of 7/16/2019 8:09am. The above are probabilities of a fed move implied from the market. The probabilities are derived from the OIS markets. The chart shows that the probability of a 25bp July cut is 124% (a full cut and some). The probability of a [...]
What is Sales and Trading? Many people on Instagram and on forums say they want to get into sales and trading as a dream job but don’t even realize what it really is. I will help you break down what sales and trading really is and the different types of seats that exist in there [...]
Wine guide for your first Wall Street Dinner with your Managing Director Imagine you have been working super hard all day every day. Grinding out the hours while you see your associates and VP’s going out with clients, your managing director and talking about their amazing dinners and the great wine and whiskey they had [...]
US-China Trade War US-China have been moving towards a “war” scenario for quite some time. There are two great ways to model this. The first being the Thucydedes Trap. The story is a small one. But as China challenges America’s predominance, misunderstandings about each other’s actions and intentions could lead them into a deadly trap [...]
The Future of Fixed Income Sales and Trading This is a question I get asked quite a bit from people looking to break into wall street, especially Sales and Trading (S&T). Given the heavy automation in equity trading will fixed income become almost fully automated soon or is it there already? First and foremost one [...]
