Comments on: On the Trading Floor https://mergersandinquisitions.com/on-the-trading-floor/ Discover How to Get Into Investment Banking Fri, 24 Sep 2021 22:17:32 +0000 hourly 1 https://wordpress.org/?v=6.2.2 By: M&I - Nicole https://mergersandinquisitions.com/on-the-trading-floor/#comment-243410 Wed, 03 Jun 2015 20:06:44 +0000 https://www.mergersandinquisitions.com/?p=1369#comment-243410 In reply to AT.

I think both options work. Regarding internal mobility, it really depends on your performance. If you are a rock solid performer internal mobility should be pretty easy. In terms of exit opportunities I think readers may have better suggestions.

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By: AT https://mergersandinquisitions.com/on-the-trading-floor/#comment-243332 Wed, 03 Jun 2015 10:41:49 +0000 https://www.mergersandinquisitions.com/?p=1369#comment-243332 In reply to AT.

To add to that, I am in India and there are not many front office trading roles here.

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By: AT https://mergersandinquisitions.com/on-the-trading-floor/#comment-243329 Wed, 03 Jun 2015 10:38:41 +0000 https://www.mergersandinquisitions.com/?p=1369#comment-243329 Hi,

I would soon be starting working as a derivatives pricing model validation quant in a BB IB. Could you please share the exit opportunities from this role and what career paths could lead me to a trading role at an investment bank. I have an engineering background. Should I go for a good B School after 2-3 years and then look out for those opportunities or is there a possibility of shifting from my current role to the trading role within the same firm. The firm advertises that it supports internal mobility but again I am not sure if that is true because I am yet to start working there.

Thanks
AT

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By: M&I - Nicole https://mergersandinquisitions.com/on-the-trading-floor/#comment-227658 Wed, 10 Dec 2014 01:26:06 +0000 https://www.mergersandinquisitions.com/?p=1369#comment-227658 In reply to Lyn Ahmad.

Lyn this is awesome!

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By: Lyn Ahmad https://mergersandinquisitions.com/on-the-trading-floor/#comment-227647 Tue, 09 Dec 2014 12:48:00 +0000 https://www.mergersandinquisitions.com/?p=1369#comment-227647 This article bears nothing but the truth. I wake up every morning Mon-Fri looking forward to the everyday surprises on the trading floor. Everyone on the floor thinks and act fast and being on the floor itself can be overwhelming for the faint-hearted. I love the dynamics of it!

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By: M&I - Nicole https://mergersandinquisitions.com/on-the-trading-floor/#comment-200082 Fri, 17 Jan 2014 01:36:58 +0000 https://www.mergersandinquisitions.com/?p=1369#comment-200082 In reply to Bulbasaur.

I’d ask your boss, or a senior members in the team you get along with, to grab coffee. You can then express your thoughts and interest in learn more through the conversation.

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By: Bulbasaur https://mergersandinquisitions.com/on-the-trading-floor/#comment-199587 Wed, 15 Jan 2014 01:25:21 +0000 https://www.mergersandinquisitions.com/?p=1369#comment-199587 Hi,

I just joined as a junior trader on a trading desk at a boutique and at the moment I am quite lost as to how I can contribute or add value to the desk. My boss hasn’t really talked to me in terms of expectations, and responsibilities. There is no structured training period here and I feel very unguided. Besides shadowing traders and ask a few questions here and there, what is the best way to get up to speed and to feel more integrated into the team? It is pretty frustrating seeing how much you don’t know and unsure about where to get started.

Thanks so much.

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By: M&I - Nicole https://mergersandinquisitions.com/on-the-trading-floor/#comment-198456 Wed, 08 Jan 2014 07:26:07 +0000 https://www.mergersandinquisitions.com/?p=1369#comment-198456 In reply to Banbanmoomani.

Yes I’d probably go for GS given its reputation and network. Readers may have more to add.

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By: Banbanmoomani https://mergersandinquisitions.com/on-the-trading-floor/#comment-198439 Wed, 08 Jan 2014 05:48:03 +0000 https://www.mergersandinquisitions.com/?p=1369#comment-198439 Hi,

I wanted to know about exit opportunities from prime brokerage. I have an offer from GS sec lending which is under prime brokerage, and I also have another offer from high yield credit trading at non-BB firm. Which path should I take if I envision myself to have an investor role later in my career? I am drawn to GS name value and internal transfers within division.

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By: M&I - Nicole https://mergersandinquisitions.com/on-the-trading-floor/#comment-198231 Tue, 07 Jan 2014 04:35:15 +0000 https://www.mergersandinquisitions.com/?p=1369#comment-198231 In reply to Bulbasaur.

He probably doesn’t have too much time/experience training/dealing with interns. I’d approach him when he is in a “happy” mood and is “available” (i.e. not when he is stressed out about a trade) and ask if you can help him with any trades he’s working on, or perhaps help his team etc. Also ask him intelligent questions re. the markets. Yes shadowing him is important. If he still leaves you “hanging” then you may want to learn as much you can observing him, while striking up conversations with other team members so you can learn from them too

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