Hey,
I apologize in advance if this is an ignorant question. I just started working on the FI trading floor of a BB and I hear the traders talking about "aggies". Could someone explain to me what they are? I haven't stumbled across anything in google, maybe I'm spelling it wrong...
Much appreciated!
Are you in Texas?
Don't waste your time, Aggies aren't valuable commodities.
agriculture
Instruments in the agricultural space.
instruments... hmm... in the agricultural space?
Like banjos?
Troll fail
Aggies, Ag, Agriculture
No it has nothing to do with agriculture...I work on a fixed income trading desk.
It has something to do with having various long/short positions in your book and it "creates" aggies that can lead to mark to market PnL....
Any ideas?
I know some Trading Aggies down in Houston :) Gig em!
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