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For FICC - they do alright in the HY space, if you’re trying to trade HG I’d steer clear. Not a big risk shop, bigger focus on syndicate, so a lot of your risk is going to be tied up on trading the break pretty frequently…from what I understand they’re a little more hard pay out though so that’s a plus. All in not a bad shop, if you’re looking for experience it’s a solid place to start, but rising stars would be better served at a traditional major

 

What do you mean by them not being a big risk shop? What are some examples of shops that do take bigger risks?

 
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