Seeking advice - S&T intern in Derivatives and FX

ch.j.sh.'s picture
Rank: Chimp | 12

I am an incoming intern in S&T and I would like to know if there some golden educational materials could be shared with me and possibly other interns who will have a similar role as mine in the future. Nothing too complicated, just the basics as I am only halfway through my bachelors.

This post is for people in S&T who have worked with either derivative products or FX. Even better if you have supervised an intern before! I am going to be working at the trading desk at one of the Big 5 banks in Canada, providing support to two groups: derivative products and FX sales. I want to make a good impression in hopes to be given more exposure than planned.

Here is some information regarding the job:

  • What the team does: specializes in structuring customized risk management solutions with a focus on interest rate swaps, equity derivatives, credit default swaps, and FX hedging solutions.
  • My role: this position will provide you with hands-on experience with cutting-edge financial products, including, credit, currency and interest rate hedging tools. You will provide critical support to a top-ranked team, which develops creative risk management solution packages for clients, using OTC proprietary derivative products. Responsibilities include assisting in the preparation of hedging proposals for clients, derivative pricing (in a support role) using advanced proprietary pricing models, and financial analysis, in a fast-paced, dynamic environment, often under tight time-constraints and competitive pressure.

Any materials that can be shared here for me to look into to get a good understanding of the basics would be really appreciated. Any good questions to ask would be great as well. Basically any tips at all of what you would appreciate in an intern!

Thanks in advance!

Comments (3)

Dec 2, 2018

Hi ch.j.sh., check out these threads:

  • Licensing For Dummies a broker/dealer or for a firm that inventories their own assets you might need a license. If you're in sales ... product or are considered to be a principal or a manager for a desk. IF YOU ARE AN INTERN, YOU WILL NOT BE ... Commodities, Futures and Forex The Series 3 is the exam required for anyone who wants to trade Commodities, ...
  • Highly driven Macro HF Trader looking to change firms and explore new opportunities transition into a different HF or Prop Shop. I started as a summer intern in 2013, was hired on as a TMT ... analyst on the trading desk and also focused on global macro research, then was promoted to trader in July ... markets; reflexivity and catalysts for black swan events in global markets o Traded forex and ...
  • Can't trade because of FINRA regulations? having to stick to paper trading? Do other asset classes (derivatives, forex, etc) have these same ... University student looking to get into algorithmic trading- wanted to just put in $100 or so and ... a software engineer at a broker in NY, and apparently FINRA regulations prohibit me from trading on personal ...
  • profile evaluation for duke mms or other msf currently working (since 1st nov 2013) as a junior trader in futures-derivative in fixed income, interest ... 6 months as a trainee trader in a prop shop (not as a quant) in US equities (2)6 months as forex trader (3) ... Hello everybody, I am an international applicant trying to decide which programs to apply for msf ...
  • What can a non-finance major expect in an Asset Management Interview? basics of forex, basics of commodities (focusing on the history and patterns seen in oil and gold), ... with a firm that serves institutional investors, with 150 Billion USD+ AUM and a derivatives portfolio ... worth a little less. The position would work with various asset classes and later, derivatives. The ...
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  • Inter-bank Dealers? Thank you in advance!!-persto currency Forex inter-dealer forex trading ... derivatives or other complicated products. Is it same for other inter-bank dealers? Final question is if ... Hello all, Couple weeks ago, I watched a short documentary on an inter-bank dealer in my ...
  • More suggestions...

You're welcome.

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