Silver BananaTopicReplies
+7Why choose Sales and Trading over Investment Banking?

Giants123

What are the advantages to sales and trading over Investment Banking? What should your interests be to go into Sales and Trading? what types of technicals do you need to know for Sales and Trading?

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+4AMA: Top Quant Firms First Year Comp 250k to 400k

quantfin

First some background, I am a senior and am heading to a quant shop for full time this summer. This past recruiting cycle I received offers from Two Sigma, Citadel, Old Mission, Hudson River Trading, DE Shaw, Jump, and Five Rings Capital for positions ranging from pure dev to pure quant. I study...

104
+3Equity Sales and Salestrading

buckeye92

Is there anyone in equity sales or salestrading here who is willing to answer a few questions for me?

8
+2Failed Series 3

Chasxy

So, I failed the Series 3 today. Supposedly, this was supposed to be one of the easier, if not easiest FINRA exam. To provide context, I passed the 7, 63, 57, and 4 all on the first try. I was not able to complete the 3 due to spending a lot of time on those long math problems. I...

6
+2Opportunities after TDP at Supermajor?

Diglett

Hi everyone, I am considering an offer from an O&G supermajor for their TDP. I understand that not everyone who graduate from these programs end up with a trading role and might even end up in the commercial stream. So in the case that there is no seat at the trading desk for me after the...

10
+2Computer Science is useless for BB S&T

crucifix.

There is a lot of wrong information on this board - most likely posted by ignorant high school / undergrad students who clearly don't know jack. One piece of wrong information that keeps popping up is that computer science is massively helpful for sales and trading (S&T) at a <abbr...

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+1Will a Summer Analyst position for S&T at a BB in NYC help me get recruited for S&T at a BB in London

gonline47

I've secured an <abbr title="Sales and Trading">S&T</abbr> role at a <abbr title="bulge bracket">BB</abbr> in <abbr title="New York City">NYC</abbr>, but when I was applying last year, I was flirting with the prospect of...

2
+1BB MO or Top Tier Chinese S&T?

Shiny

Hey guys, I am recently struggling between the offers of an <abbr title="full time">FT</abbr> MO position from one of the <abbr title="bulge bracket">BB</abbr> and an <abbr title="full time">FT</abbr> <abbr title="Sales...

4
+1Series 7 with Kaplan QBank?

Pat-Reilly

So I've been using Kaplan after using PassPerfect for awhile and feeling like it was doing me no good. I read the majority of the Kaplan book and I'm taking QBank quizzes now. I alternate between doing 10-15 at a time and then doing 125 when I have the time. Right now I'm...

1
+1S&T Most Popular Desks Among Interns

shadowforce

Hey y'all, Just out of curiosity, what are the most popular desks for summer interns to rotate? ...

1
+1What are the prospects for LNG trading going forward? Would now be a good time to move into this area?

Ashbeck2l

So in currently interviewing for an LNG trading role but from all of the info I can find, it seems to be a fairly underdeveloped market. I am fairly junior in my career so I'm not looking so much at the short term but I would like to know if now is a good time to move into the...

1
+1Geometric Brownian Motion with Python

BrianHunter

Hey there, I'm pretty new in Python and would like to ask a quick advice Which way do you think "preferable" to calculate drift? Thanks monkeys

1
+1Stay honest for the sake of your proper performance

danydebrown

To make your mind work properly, it has to experience positivity. There will be no good positivity in the trading business without traders being honest with themselves. Because it does not create any kind of illusion for the traders. All of them remain in the real world. Then the proper trading...

1
+1How do professional traders calculate and manage risk?

ebitdagod

Whenever I watch or read interviews with successful traders they always stress the importance of risk management. How exactly do professional traders calculate risk (formulas etc.)? Are they simply looking at <abbr title="value at risk">VAR</abbr> or are there more advanced...

6
+1SIE

Chasxy

Why does my FINRA profile state t hat I passed the Securities Industry Examination (SIE) on October 1, 2018 when I have never taken such an exam? I have passed 4 other FINRA exams, however. Thanks.

6
+1ACT Commodities & Entering Commodities Trading

jogro778

Hello all, I was recently contacted by a firm called ACT Commodities, which specializes in the niche environmental commodities trading space. They are a small Dutch-based firm trading a variety of environmental commodities, such as renewable energy, biofuels, etc. After talking to their HR...

7
+1S&T Summer Intern Prep - 2 Months Out

derivstrading

So with two months to go, I thought it would be a good shout for all those about to start <abbr title="sales and trading">s&t</abbr> internships to give a couple points of advice on things you should be doing before you start in 2 months time. Im hoping more useful tips...

18
0Programming vs Math. Which should come first?

mswoonc

So I'm a full time prop trader at a market making firm and I've been looking to expand my knowledge. I have a basic understanding of programming and a pretty solid grasp on math but I'm no quant. Really, I want to expand my horizon as a trader and want to ask you all if you think...

2
0How do you come up with trading ideas for FICC more specifically for corporate debt or rates? Explain like I'm 5 please

BOBBERT

I have never come up with any trade ideas outside of equities, so I don't actually understand how it works really. I know what <abbr title="fixed income">FI</abbr> products are and the basics of <abbr title="fixed income">FI</abbr> but what does a...

9
0Difficulty Check

Mostly Random Dude

Need a favor from the community. Was interviewing a guy today and asked him a few intermediate options questions. Since he failed to answer any of them, I wanted to check if people find these questions overly difficult. (1) When would you early ex an American call? Is there any uncertainty...

27
0Moyer Distressed PDF copy

BOtoFO

Does anyone have a PDF copy of Moyer Distressed Debt Analysis? Just started <abbr title="full time">FT</abbr> in <abbr title="fixed income">FI</abbr> <abbr title="Sales and Trading">S&T</abbr> and need a copy to reference for...

10
0HOU/MID/Cushing Oil Triangle Fundamentals

George_Banker

Would love to get a discussion going among physical (and financial) oil traders about the current trading environment around the Texas/Oklahoma Triangle. Spreads are beginning to blow out on the production forecasts and fundamentals in the Permian as Cushing drew through the first quarter. ...

3
0Lateralling advice for traders

Thisman

Hi, I'm a junior trader at a middle market bank, wanting to lateral to a <abbr title="bulge bracket">BB</abbr>/prop shop. Could anyone please share their knowledge or experience about lateralling to a trading job? While there seems to be some posts about lateralling...

18
0Where do people go that are laid off mid-career?

chestnutxyz

Due to my lack of knowing many experienced traders I wonder what happens to those who start and get laid off after 4-7 years, or even longer, for those that make it to 32/33 and due to one reason or another get cut, what sort of career options are available to them? I'd hate to go back to...

14
0BP (and the oil majors) trading

quester

Hello all, I have heard it said that oil majors (particularly BP) turn out impressive physical oil traders. Does anyone know what it is that a place like BP teaches its junior guys that other places don't or can't teach as well?

25
0How to get a start in physical oil trading/ops/scheduling?

Prolifix

<em> Moderator Note: This post originally went up 07/2012 and we thought it deserved to go back on the homepage for those who may have never seen it.</em> As someone with a non-finance/economic educational background, how easy is it to break into the 'oil trading arena'?...

305
0Algo trading internship, What do I need to prepare?

Moon

Hi guys, As I am having my internship starting within two weeks, I just wanted to ask around what skills you have found to be important in your career as a trader or something related. I am going to work for trading firm as an algo trader, with not much of computer science backgrounds....

18