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.

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Jun 30,2017