Buy-side FI Trading Tips
In a couple months I will be starting buy-side trading role in FI (think fairly illiquid HY/muni-type debt). The role is purely execution for the PM and Senior Analysts. My background is a several years of experience in PWM, some discretionary equity and corporate/muni FI trading, some execution based.
I'm wondering what I should expect in the way of day-to-day work? Obviously the scale is going to be a lot bigger as this desk's AUM is larger than my entire prior firm's, and there will be comingled accounts, SMAs, etc. instead of just UHNW individual accounts. What should I be preparing in terms of my technical skill set? I've been brushing up with Fabozzi, any other reading recommendations? I know Excel fairly well in terms of Vlookups, if/then, etc. but don't know VBA and limited macro experience. Will I need to get VBA down cold?
Appreciate any and all advice. Thanks.





bump, would like to know as
bump, would like to know as well
how did you go from pwm to a
how did you go from pwm to a trading role?
Great internships in similar
Great internships in similar space, pushed hard for role in interviews that went well, and current role as lead trader for my entire firm - even though pwm-type - helped, especially since I've had experience with the debt I'll be trading albeit at a smaller scale.