Do you need to be a mathematics whiz for FX/Rates
I am trying to gauge the probability of breaking into trading within my bank with just a finance degree and moderate math skills (not bad but not really that good). I have 2 years of banking experience
Based on the most helpful WSO content, you don't necessarily need to be a mathematics whiz to break into trading, especially in areas like FX/Rates. While a strong numerical ability can be beneficial, it's not the only skill that matters.
Your analytical skills, communication abilities, and understanding of financial markets are also very important. It's more about understanding mathematical concepts as they relate to the products you trade.
Moreover, your interest and dedication can also make up for a lack of numerical experience. If you're very interested, you can work on improving your numerical skills even after graduation and while working full-time.
Remember, trading is not just about numbers, it's also about strategy, understanding market trends, and making informed decisions. So, don't let your moderate math skills deter you from pursuing a career in trading.
Keep in mind that this is based on general observations and the actual requirements may vary depending on the specific role and the bank.
Sources: How much Numeric Ability do you need to get a job in Trading and be successful in the job?, Q&A Discretionary Hedge Fund Trader, Intro to Investment Banking, Skills needed for a quantitative trader?
Coding > math skills thought not totally uncorrelated
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