Hi WSO, am looking to gain an understanding of what a summer analyst will be doing at equity derivatives trading desk as this is somewhat unclear to me. Will be interning this summer in Europe but US folk please feel free to bump in with your experience
From what I understood during the interviews, I will get to work in market making and risk hedging of open positions. The head of the desk also told me that I get to have some (very) small mandate whether to fully hedge some position x or leave it partially unhedged if i have a view on the market (e.g. "prop" trading).
What else is there to expect? What should I work on before beginning in June (besides knowing whats going on the markets? Learn basic knowledge of options/statistics, brush up on math? How can I help the most the guys at the desk, other than not fucking up anything during the summer?
Lots of questions but appreciate all answers, cheers.