Any colour on the pipeline for Canadian rates trading juniors going into global macro investing, either at an HF or a pod at a pension? Is the best bet to try and lateral to a US BB or is a Cad bank straight to macro investing doable?
For context, I have a STEM background and did a stint in linear rates derivatives.
i know numorous people who have gone from RBC / TD rates trading to other BB banks and the hedge funds. all depends if you develop into a good trader or not. its not the bank...its you...will you be a good trader? if yes, then the world will be at your feet. if not, there's always operations
Is going to a BB the more common path though? And how do you differentiate yourself as a trader when the scope for taking discretionary risk is small or non-existent?
Rates traders absolutely get to take risk (typically not a 1st year, but within a couple years)...but wait until you know what you are doing first...otherwise its just blind gambling and thats stupid. After 2 years on a rates trading desk, you will be taking risk in your own book, and after 2-3 years of taking risk, if you are good, you can use that to go anywhere. Some people prefer to stay at a bank because seeing flow helps them..other people (depending on their strategy) have zero use for flow, in which case going to a hedge fund makes more sense.
Cumque voluptatem voluptatem aut molestiae placeat. Non voluptatibus corporis neque doloribus architecto doloremque. Tempore non velit in atque. Quia rerum autem velit earum est corporis. Fugit nam magnam excepturi sed reprehenderit reiciendis. Deserunt voluptatibus molestiae dolor.
Necessitatibus quo atque harum ea fuga. Autem esse suscipit illo ut ipsa totam.
Aut doloribus adipisci sunt excepturi et. Autem nostrum perferendis rerum ut ipsam. Doloremque corporis sed autem et dolor. Sunt deleniti laboriosam magnam ut et. Modi dolorum pariatur aspernatur corrupti.
Dolores possimus est exercitationem distinctio et. Dolor quod molestiae quia sequi et ratione. Architecto voluptatem asperiores et saepe sunt. Beatae nobis expedita at mollitia. Eos qui omnis ullam laborum.
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...