If I'm thinking of the right group they most basic definition is they build the depo curves which are used to price fx fwds in my experience, if i had to put money on it that would be my bet, but I guess different banks refer to different areas using Short Term Trading.

Jack: They’re all former investment bankers who were laid off from that economic crisis that Nancy Pelosi caused. They have zero real world skills, but God they work hard. -30 Rock
 
Revsly:
If I'm thinking of the right group they most basic definition is they build the depo curves which are used to price fx fwds in my experience, if i had to put money on it that would be my bet, but I guess different banks refer to different areas using Short Term Trading.

Yeah, I would put money on that also, but if the MD was in credit then it was most likely the desk I was talking about.

"Greed, in all of its forms; greed for life, for money, for love, for knowledge has marked the upward surge of mankind. And greed, you mark my words, will not only save Teldar Paper, but that other malfunctioning corporation called the USA."
 

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