TRS Trading Desk?

Hi all, been doing networking and have an opportunity on the TRS (Total Return Swap) desk as a trader. I'm familiar broadly with what a TRS is, but was wondering what I should know going insofar as the following are concerned:

  1. Day-to-day / hours?

  2. Level of technicality?

  3. How automated is this space? I.e., I'd have to imagine this is a very liquid product, no?

  4. Exit opps? General sentiment on the desk?

Thanks, just trying to get some last minute color ahead of this conversation later this week.

 

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