What is Leveraged Finance Trading?

Bullish bear's picture
Rank: Monkey | 39

Just as the title says, what does it entail? I tried searching for it on the forums but all I could find were threads for the LevFin group within IBD. I am pretty sure that it is a micro oriented trading desk, but what kind of products do they trade? High-yield bonds, loans, that kind of stuff? I am specifically thinking of the LevFin trading desk of a large investment bank.

TIA

Comments (3)

Oct 18, 2018

They likely trade leveraged loans and not HY bonds (there's a HY corporate's desk for those) and they work with the Lev Fin IB group to price new issue loan deals.

    • 1
Oct 19, 2018

Thanks for your reply! Alright, that sounds interesting. I'll look more into leveraged loans. :)

Oct 19, 2018
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