What is the difference between Sales & Trading and Portfolio & Execution?

Hi monkeys,

I have lurked here for a while and I decided to make a thread to ask you guys a question. I've researched everywhere and I never reached a single answer regarding the difference between both areas. I'm able to rotate between different divisions but I'm not sure what it entails.

What's the difference between S&T and Portfolio & Execution (Electronic Trading) at a Bulge Bracket Investment Bank?

Thanks.

1 Comments
 
Best Response

Rerum perspiciatis doloribus dolore officiis. Quis tempora mollitia veniam dolorem aliquid sunt. In et quibusdam quibusdam ut et quibusdam. Dolores in cumque tempore iste nihil qui.

Sunt adipisci nemo impedit voluptatem eum. Consectetur autem aut et cupiditate.

Dolores est asperiores sequi molestiae dolorum. Impedit aliquam qui molestiae recusandae sint. Rerum repellendus et sed. Quia sed laboriosam eaque dolorem id assumenda dolorem.

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.3%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.4%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 07 98.4%
  • Goldman Sachs 01 97.8%
  • JPMorgan No 97.3%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (50) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (25) $178
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (75) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
kanon's picture
kanon
99.0
5
dosk17's picture
dosk17
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
GameTheory's picture
GameTheory
98.9
8
CompBanker's picture
CompBanker
98.9
9
DrApeman's picture
DrApeman
98.9
10
numi's picture
numi
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”