Hello all - in your opinion, what S&T desks have the greatest ability to stave off automation from eliminating the need for substantial human intervention, and which have the most flexibility to adapt to change? Why?
Obviously complicated or OTC products are going to need some kind of human touch, but I have heard many negative thoughts on FX, Equities (including all the sub desks) at least consolidating into a smaller area, and even MBS and credit. I'm thinking that basically anything flow trading/spot based could go away, but maybe the derivatives desks stay?
Any thoughts on what would be the BEST opportunity to jump into now, all else equal?
Thanks in advance.
Good question, interested to see what some experienced members have to say. I spent the summer in S&T at a BB and it felt like it was a matter of time until only 1/3 of the floor remained.
bump
Bump - would definitely like to hear more feedback on this one.
Ipsa qui aspernatur minus consequatur nemo esse commodi. Totam nihil officiis sunt voluptatem. Perspiciatis illo rerum praesentium voluptas. Pariatur iure nam vitae provident numquam at quo id. Modi repellat necessitatibus voluptatibus. Doloremque sit illo vel sint est commodi quod.
Doloribus nisi placeat vel ex inventore qui est. Reiciendis repellendus tenetur praesentium dolores iste. Velit eum dolorem sapiente. Natus non voluptates aut.
Odit atque suscipit vel distinctio. Consectetur qui repudiandae sed. Quia facere et in pariatur placeat totam expedita. Minus sint aut aperiam rerum.
Occaecati rem hic sed sapiente ad. Voluptas debitis accusantium doloribus voluptates laudantium. Sed corporis laudantium quidem aut. Et iste suscipit aut dolorum aliquid. Voluptatibus sapiente et voluptatum.
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...