What does the analyst do?
I've read that in ibd, analysts mostly create models on Excel. Do trading analysts also create models before they actually start trading?
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by trading do you mean training? if so then usually not.
quants build models.
well, as an analyst you would probably build spreadsheets to look at risk, p/l, etc.
ok, but those aren't models.
i build plenty of spreadsheets. I build pricers. I breakout risk all the time. but I've never built a model, and I will likely never build one. Model has a specific meaning.
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