FX Sales self-employment exit opportunities
Hello everyone.
I hope you’re well.
What are the exit opportunities for FX Sales people who wish to start their own business?
I’m a recent graduate from a top university who ranked among the top in class, and who just joined a tier 1 (BB) investment bank in London.
I interned there in trading before, and loved it so much that I didn’t bother applying anywhere else once I got the job. I received stellar feedback following the internship. The bank asked me to give Sales a try as they thought I was very charismatic, likeable all while being very meticulous and technical.
I’m very happy about it. Although I lean towards trading and feel that I can be a good trader, I think that I can be an even better salesman (a managing director said I could in fact become one of the very best salesmen in the bank). I made a good name from the internship alone purely on the basis of my “charismatic personality” as some called it. Of course, my technical skills are also good (e.g., one of my trade ideas during the internship made 100% in 4 months and the whole trading team congratulated me).
However, I can’t help but think that maybe opting for a trading role would give me better self-employed exit opportunities, even if I may not be as good of a trader as I may be as a salesman.
Hey boaz90, what a lonely thread. I'm here since nobody responded ...so maybe one of these discussions will help:
More suggestions...
I hope those threads give you a bit more insight.
bump, curious as well
Why would trading give you a better self employment exit opportunity? Can you elaborate your reasoning?
Probably non-vanilla voice sales (high touch) would allow to move banks more easily with less risk of getting automated (e.g. low touch, execution, spots, forwards, and other vanillas).
Could you please give some examples of desks?
FX Sales - gotta know what products you'll be dealing with Exhibit 1 & 2 (pg. 4-5)https://www.mckinsey.com/~/media/McKinsey/Industries/Financial%20Servic…
So the desks (Trading) with low levels of digital impacts require no quantitative skills or mathematical abilities, and the high ones require only quantitative traders (background of pure mathematics of some financial mathematics)?
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