Update: I was speaking to a guy in Australia on the cash equities desk at a BB. Just edited the post for the US/global audience, cut out slangs about kangaroos and shit.
Hey guys, I think it's about time to post something since I have been a member for couple years now. The following is from my blog that I recently started (link at the bottom of the post)
At 22 years old, my goal after my studies is to pursue Sales and Trading, Note: this is not a post about the day to day role of a salesperson/trader at a bank, what the banks do, etc, that's something if you are new to S&T can easily google or find answers in this forum, I am going to write what more interesting dot points I took away from this conversation and hope they may help you :)
1. Which role is more quantitative - Sales, Sales Trading or Trading?
All of these are quite similar in the amount of quantitative ability required. You need to be able to run a few models and use the calculator but you don't need to be a math genius. I know Black Scholes, but I don't use it often (cash equities desk). Clients would ask you about it and that's why it's worth knowing.