Comments on: Global Macro Hedge Funds: Living in an FX Traders’ Paradise? https://mergersandinquisitions.com/global-macro/ Discover How to Get Into Investment Banking Wed, 25 May 2022 13:35:44 +0000 hourly 1 https://wordpress.org/?v=6.2.2 By: M&I - Brian https://mergersandinquisitions.com/global-macro/#comment-742103 Wed, 25 May 2022 13:35:44 +0000 https://mergersandinquisitions.com/?p=33500#comment-742103 In reply to AK.

Assuming you want to work at a hedge fund in the U.S. or U.K. (much bigger HF markets than Canada), your chances would be higher coming from one of the official BB banks. Yes, I realize the Canadian Big 5 are similar to the BB banks in Canada, but outside of Canada, their reputation is not the same (maybe with some exceptions, like RBC M&A… but we’re dealing with sales & trading here).

If you want to stay in Canada, potentially you could do this if you move to some type of macro trading group there (maybe within one of the pension funds). But for HFs / buy-side trading in other markets, experience at a BB will help a lot.

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By: M&I - Brian https://mergersandinquisitions.com/global-macro/#comment-742099 Wed, 25 May 2022 13:28:16 +0000 https://mergersandinquisitions.com/?p=33500#comment-742099 In reply to Joel Ma.

Maybe? I honestly couldn’t say because I would have to do more research on the area. I think it also depends a bit on where you’re working (prop trading firm vs. big oil/gas company vs. large bank). But we hope to cover this topic in the future.

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By: AK https://mergersandinquisitions.com/global-macro/#comment-742066 Tue, 24 May 2022 16:09:24 +0000 https://mergersandinquisitions.com/?p=33500#comment-742066 How feasible is jumping from a macro desk at a top Canadian big 5 to a global macro fund? Or is a stint at a BB in between more useful?

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By: Joel Ma https://mergersandinquisitions.com/global-macro/#comment-742021 Sun, 22 May 2022 21:20:51 +0000 https://mergersandinquisitions.com/?p=33500#comment-742021 In reply to M&I – Brian.

Hopefully this year some cocky commodity traders will be feel the need to share their stories to the public. On another note, do you think the type of people who get into Sales at a BB are more suitable for commodities in terms of personality? Commodity trading emphasizes more on relationships and logistics rather than market making or directional bets.

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By: M&I - Brian https://mergersandinquisitions.com/global-macro/#comment-741980 Fri, 20 May 2022 04:07:25 +0000 https://mergersandinquisitions.com/?p=33500#comment-741980 In reply to Conner.

Thanks!

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By: M&I - Brian https://mergersandinquisitions.com/global-macro/#comment-741979 Fri, 20 May 2022 04:07:21 +0000 https://mergersandinquisitions.com/?p=33500#comment-741979 In reply to Joel Ma.

Thanks. Yes, I hope to cover commodity trading firms in the future. Not sure how to find much information on them, though…

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By: Conner https://mergersandinquisitions.com/global-macro/#comment-741970 Thu, 19 May 2022 18:33:01 +0000 https://mergersandinquisitions.com/?p=33500#comment-741970 Loved this one Brian! I have an upcoming internship at a Global Income Trading desk, and I’ve been looking for more info on this career path. Thank you!

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By: Joel Ma https://mergersandinquisitions.com/global-macro/#comment-741969 Thu, 19 May 2022 16:06:36 +0000 https://mergersandinquisitions.com/?p=33500#comment-741969 Great article! Defo super relevant given the macro volatility we are especially seeing in FX from central banks raising rates and making the environment more interesting. Are you going to make an article on commodity trading houses (like Glencore, Vitol, Cargill, etc). They are similiar to global macro but much more secretive and have a lot of influence on the world.

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