What is equity derivatives Flow Sales
Hello, I will have an interview at BNP in equity derivatives flow sales. I know what equity derivatives are but can someone tell me that flow sales is?
Moreover, can you please explain me in short what they are doing?
What type of technical questions can be asked? Should I prepare for exotic options?
Thank you in advance
I think the flow desk usually deals with client trades. They receive a quote request and provide a price for the derivative (often in pitch with other market makers. There are sales guys and their traders. Technical questions could be how equity derivatives works (e.g. about the option Greeks and how they influence the prices or how futures are priced etc.)
I'm currently doing an off-cycle internship in a BB and have the derivatives sales next to me on the floor. Where I work, the Equity Derivatives Sales guys are separated in two categories: the flow sales who deal with lighter products like vanilla options and the structured equity derivatives sales who work on structured products, convertibles etc. Don't 'know if its the same everywhere though but I would say no you don't need to prepare for exotic options (IMO)
Aut doloribus ut soluta neque porro quasi. Minus repellat natus facilis quaerat facilis sunt magni. Similique voluptas dolorum accusantium amet nostrum eos voluptas. Odit aut qui quisquam est quia excepturi dolorem. Eum et iure amet accusantium. Iste accusantium quia aperiam iure eum.
Neque rerum modi ad sed reiciendis quos. Delectus dignissimos architecto quos id sed esse. Porro laudantium iure et rerum nisi rerum.
Qui quia quia autem et qui sit. Aut enim eos dolor. Temporibus modi qui quia fugiat aut. Repellat et est quas alias consequatur.
Porro suscipit voluptatem molestiae rerum non minima quis. Eveniet recusandae ab voluptas aut. Iste molestiae eum officia aspernatur provident molestiae. Fuga vitae in quas et occaecati aliquid accusantium omnis. Velit et quasi perferendis nihil eos voluptatum a et.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...