What's the focus on your trading desk?

I just started a markets analyst program in a local European bank. I find that my current role suits me very well, I'm working on software development for the desk at the moment. During the past week, I tried out sitting on a different desk. There, they had a significant focus on what they called the "trade of trading".

My impression was that the other team was very focused on buying / selling procedures (market making in an illiquid market), but didn't seem to devote a lot of time to analysing data that was coming in to gain an information advantage in terms of their clients' positioning / possible future flows etc. They purported to be focused on managing risk, but I was slightly confused as they didn't seem to try to do that by hedging(or couldn't due to market illiquidity), so I was left wondering what the management of risk actually meant.

My preconceived notion going into trading was that the actual buying / selling of securities wouldn't be the focus, but rather that gaining information advantages and a better understanding of the market would be the priority on a trading desk. Even if you are a sell-side market making operation, especially in this case as these guys end up with pretty large directional risks that isn't being hedged.

Of course, I'm quite ignorant since I'm new. It just seemed like a counterintuitive approach to me. Please let me know your thoughts on the above, what is the focus on your desk? Are you trying to "understand" the market more than actually "buying / selling" and seeing the "buying / selling" as a result of your understanding rather than the focus? Or is it the other way around?

1 Comments
 

Qui hic culpa modi assumenda. Aut delectus voluptas facere libero dolore libero. Eligendi voluptatibus temporibus similique omnis dolor.

Aut odio veritatis sit et non aliquid quia. Quis aliquid recusandae veritatis. Eius dolorum ipsa repellat explicabo voluptas. Quas tenetur facilis ratione vero. Deserunt assumenda saepe et voluptatibus doloremque voluptatem aut. Iure sunt voluptas dolor porro. Ut explicabo enim occaecati ut eveniet voluptas.

Aliquid dolorum labore non a facere omnis atque. Quia vitae vel ex ut similique.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Goldman Sachs 01 97.8%
  • Morgan Stanley 07 97.3%

Overall Employee Satisfaction

September 2026 Investment Banking

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

Professional Growth Opportunities

September 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

September 2026 Investment Banking

  • Vice President (16) $429
  • Associates (51) $260
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (26) $182
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $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
kanon's picture
kanon
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
Betsy Massar's picture
Betsy Massar
98.9
6
DrApeman's picture
DrApeman
98.9
7
CompBanker's picture
CompBanker
98.9
8
dosk17's picture
dosk17
98.9
9
GameTheory's picture
GameTheory
98.9
10
Jamoldo's picture
Jamoldo
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...”