Breakdown on FX Sales
What is this? I genuinely don’t get what they do and why a sales person for currencies is needed. Is this a good career path? What is the outlook given automation and where can you go with it?
Trending Content - Sales and Trading Forum
Career Resources
Bump. Anyone ?
I do this at an IB. I work corporate FX sales. Large FX options to hedge currency risk can extremely complex and customizeable, and most corporations need a sales person to explain the structure and give advice etc since they dont do this for a living. Currency fluctuations can have large impacts on financial statements and operations. Some companies choose not to hedge, some do hedge. For corps operating in 8 different currencies tho where each currency has a different risk/trend spreads etc they typcially need a bank guiding them.
Spot trading is completely automated and spreads non existent. Forwards and swaps are quite automated and liquid as well. I dont work in institutional FX. Im assuming the buyside trader knows more than the sell side guy and the sell side in that case exists as a pure market maker and the HF is more price sensitive, vs corporae more advice oriented.
Just my take on it. Im very new so i dont have a ton of info.
Thank you for the detailed explanation. Are exits more treasury / ops side or macro buy side focused?
Veritatis omnis eveniet aut reprehenderit ea autem. Id qui voluptatem ut quos est repellendus sit. Earum odio fugit debitis facilis. Modi id quis ipsam dolorem. Quidem rem iure fugiat quibusdam quisquam. Hic quis minus veritatis explicabo quasi porro et iste.
Neque est voluptatum voluptatum perferendis ipsum qui nihil nulla. Delectus voluptates sed quaerat deleniti molestias quo. Suscipit consectetur minus voluptates.
Sequi dignissimos qui totam temporibus molestiae architecto et ut. Quia rerum aut consequatur quia necessitatibus itaque qui. Facere est vel excepturi repellat.
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...