Insight on CD Trading Desks?

I'm currently in the process of transferring from a CC to a regional target as a sophomore and have a possible internship position on a CD trading desk. One of my interests is in S&T and was wondering if anyone had any insight on CD desks? While i'd assume CD desks are quite boring, the fact that i'm currently attending CC means I should probably take any opportunity I can get.

3 Comments
 

thallsy, pure crickets, that's where I come in. Any of these useful?

If we're lucky, maybe I can guilt some users to help you out: akub Jonathan-London F-BOY

I hope those threads give you a bit more insight.

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 

Your instincts about it being a relatively boring desk are probably correct, but 1) If there is a time to be on a CD desk, it's now (short end rates are moving around & credit conditions are in flux) 2) It's not a bad desk to start out on to learn about the front-end, which will always be the foundation of the fixed income market. 3) It's just an sophomore internship. It's probably for the best that it's something vanilla & straightforward so that you can knock it out of the park and have time to network with other desks.

 

Et voluptatem sint fuga vel nobis quam odit. Eum debitis natus aut repellendus id. Earum qui quibusdam rerum aliquid natus eos cumque.

Itaque voluptatem cum aut voluptates numquam. Qui et ab eum rerum ab corrupti velit. Labore voluptas autem tempora qui provident. Nobis et et reiciendis accusantium deleniti quisquam sapiente est. Eum quod nam sunt hic officia enim.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • JPMorgan 01 98.2%
  • Guggenheim Partners 01 97.6%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 02 98.8%
  • Evercore 01 98.2%
  • BMO Capital Markets 12 97.6%
  • Banco Santander 01 97.0%

Professional Growth Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • Morgan Stanley 05 98.2%
  • JPMorgan No 97.6%
  • BMO Capital Markets 12 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (43) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (77) $151
  • Intern/Summer Analyst (70) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
kanon's picture
kanon
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
GameTheory's picture
GameTheory
98.9
6
dosk17's picture
dosk17
98.9
7
DrApeman's picture
DrApeman
98.9
8
Betsy Massar's picture
Betsy Massar
98.9
9
CompBanker's picture
CompBanker
98.9
10
Mimbs's picture
Mimbs
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”