Hi, I'm an incoming S&T intern for this summer at JPM/GS/MS (on the FICC side). I know that the bond market currently isn't doing too well overall, but what desks within the FICC space are doing the best right now?
| +9 | Full Time Recruitment | 2 | 1d |
| +4 | Book Recommendations? | 2 | 2d |
| +3 | Best major for s&t? | 3 | 5d |
| +3 | What is your firm's compliance policy for PAs? | 1 | 4h |
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.
Based on the most helpful WSO content, here are some insights into FICC desks and their performance:
JPMorgan (JPM): JPM is noted for its strength in credit, rates, and FX. These desks are often regarded as top-tier within the FICC space, and they tend to attract the best talent. If you're looking for a strong desk with a good reputation, these areas at JPM could be a solid choice.
Goldman Sachs (GS): GS is recognized for its expertise in rates, equities, and commodities. While it may not be as strong in FX and credit compared to JPM, its rates and commodities desks are highly regarded.
Morgan Stanley (MS): While specific desk strengths for MS aren't highlighted in the context, MS is generally competitive in FICC, particularly in areas like rates and structured products.
Key Considerations:
If you're aiming for a return offer, prioritize desks with strong reputations, consistent performance, and a culture that fits your working style. Good luck this summer!
Sources: https://www.wallstreetoasis.com/forum/trading/what-are-the-top-volatility-trading-desks-at-jpm-gs-and-what-differentiates-them?customgpt=1, A Response to "Which desk is best?" Type Questions... Please Read Before Posting, HELP: The Future of the S&T Job Market and Selecting the Right Desk, Top Sales & Trading desks, FICC sales trading desk
Impossible to tell highly dependent on the firm and its personnel needs. Generally speaking macro desks tend to do better in higher vol environments. Honestly I’d look for desks where somebody recently left or an analyst was recently promoted. As is always the case you will do best on the desk where you like the people/find the product interesting. Trying to optimize for who might be hiring is pretty hard to do.
This is a horrible attitude to have, you can't optimize desk choice beyond a meaningful amount. I learned my intern year and so will you.
Quam molestiae expedita nihil voluptatem et ullam. Iure ut sed consequuntur doloremque consequuntur quo dolores. Unde delectus ut voluptas quo consequuntur ducimus.
Quas incidunt vero facere qui ipsum nobis est laudantium. Nam nesciunt ratione tempore est unde at. Quia est ut repudiandae incidunt error. Est iste enim voluptatem voluptate et.
Fugit dolores recusandae et sed occaecati blanditiis. Harum doloribus recusandae nisi sint amet. Delectus iusto perferendis ea iusto. Quidem aliquid ut dignissimos voluptatibus ducimus et impedit.
Quia dolor et nobis est ad neque molestias. Dolores qui delectus qui nihil.
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...