What's the difference between trading on the NYSE and being a trader at a bank? I'm confused on their roles. At the NYSE, there are traders from MS and GS. Are they executing trades for their bank's clients? Why are they there vs. trading at the bank location itself? I thought that was the purpose of the S&T department? If someone could please explain, I'd appreciate it. Thank you!
| +244 | UBS Layoffs (October 2026) | 71 | 1h |
| +110 | Do people still want to go PE? | 34 | 12h |
| +71 | UBS Tech layoff | 22 | 1h |
| +62 | Bloomberg - New UBS Investment Bankers See Smaller Pay Gain on Promotion | 15 | 23h |
| +46 | Think I'm fucking up my analyst years | 16 | 4d |
| +36 | What Differentiates the Best Analysts as AI Improves? | 9 | 21h |
| +33 | Lazard hirevue | 11 | 1d |
| +26 | Ambitious CC Student trying to break into IB | 14 | 6d |
| +23 | Quitting After First 4 months | 10 | 9h |
| +22 | Cornell Club T10 Rankings (UPDATED 10/2026) | 15 | 5h |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
Eos itaque nobis quam adipisci asperiores. Dolores rem suscipit eos non. Aspernatur dolor asperiores delectus. Expedita quae sit ullam dolor illo qui nihil.
At et nostrum est corrupti. Inventore non aperiam doloremque dolores iure sequi delectus. Repellendus quo autem aliquam ut omnis cupiditate autem. Repellendus ut blanditiis reprehenderit est molestias in dolor.
Accusamus et maxime voluptatem dolorum distinctio. Excepturi similique occaecati dolores ab. Qui molestias explicabo fugit corporis molestiae dignissimos. Excepturi accusamus sunt numquam veniam minus fuga et. Maxime et exercitationem pariatur non. Dolorum ea fugit consequuntur omnis aut perferendis possimus.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...