GS Equity Derivatives

For GS Equity Derivatives (Financing), in addition to the regular IB technicals, you should focus on the following areas:

1. Derivatives Knowledge:

   • Understand the basics of derivatives, including options, futures, and swaps.
   • Be familiar with the Black-Scholes model and its applications.
   • Know how to explain spreads and swaps, as these are fundamental in derivatives trading.

2. Market Awareness:

   • Stay updated on the latest market trends and news, as this is crucial for making informed decisions and engaging in meaningful conversations.
   • Be prepared to discuss major exchange ratios like EUR/USD, GBP/USD, USD/JPY, and USD/CNY.

3. Bloomberg Functions:

   • Have a working knowledge of Bloomberg functions, such as HDS (Holdings) and IP (Investment Portfolio), which are useful for client research and data retrieval.
   • Be comfortable building graphs and finding specific data points like dividend yields.

4. Stock Pitches:

   • Prepare 3 long and 3 short stock pitches. This might seem extensive, but it demonstrates your ability to analyze and articulate investment ideas.

5. Technical Analysis:

   • Understand how technicals influence trading decisions, especially in faster-moving, highly-leveraged environments like trading desks.

6. Client-Focused Thinking:

   • Be ready to answer questions like, "How would you go about looking for new clients on Bloomberg?" This demonstrates your ability to think strategically about client acquisition.

By mastering these areas, you'll be well-prepared for the technical expectations of GS Equity Derivatives.

Sources: Most Advanced Technicals, Navigating The Floor: A S&T Analyst's Guide, Future of Equity Research - 12+ Months into MIFID II, https://www.wallstreetoasis.com/forum/investment-banking/who-has-heard-about-these-teams-citi-tts-deutsche-gts-jpm-tss-baml-gts?customgpt=1, Goldman Sachs Corporate Derivatives