1. Search Results

  2. Sales- debunking 8 MYTHS (From a veteran)

    I read a lot of misleading information regarding sales jobs in banks on this forum recently (I am lumping sales/sales traders and all products here). I won't mention any particular users, but it got me angry. Given I have not contributed to WSO in a ...

    40 comments - 27 silver bananas - Mar 29 2018 - 1:36pm -

  3. Goldman FICC FX Structuring Strats

    I got an email this morning saying I was selected for an interview with Goldman FICC FX Structuring Strats. I don't know how I got selected as I never applied for such a position, but since it's still GS and I don't have a job lined up yet ...

    69 comments - 1 silver bananas - Feb 21 2017 - 11:12am -

  4. When Should Aspiring FICC Traders Get Nervous?

    JPMs Friday statement is the latest piece of doom. I'm still long on the industry. I'm convinced banks are too smart & FICC is too important to profits: things will bounce back (albeit never to 2007 levels). At what point should I get nervou ...

    56 comments - 0 silver bananas - May 5 2014 - 10:07pm -

  5. How Do You Develop Your Macro View

    Just as the title says...would very much like to do a better job of this and would love to hear from those of you that have to do this for your work every day. What books do you recommend reading, and what news do you specifically try to seek out? In addi ...

    52 comments - 1 silver bananas - Jun 19 2014 - 9:40pm -

  6. How do traders trade?

    I got into trading a short while ago but am still a very raw newb. Please forgive me if my question sounds naive, because I don't really have exposure to the industry but hope to get there one day. I hope that you guys could explain how do traders (t ...

    80 comments - 1 silver bananas - May 7 2011 - 11:45am -

  7. Market Making Simulator

    Thought some of you would get a kick out of this, make sure to post your profits. mine: 326 euros Market Making Simulator trading sales equities FICC market making ...

    42 comments - 0 silver bananas - Jan 5 2011 - 11:48am -

  8. Torn about offers- really need advice

    Guys, Long time poster here, but under pseudonym b/c this topic is a bit too exposing. So I am in a big predicament: I have an Equities internship offer from a top BB (GS /MS/ JPM) and it consists of a few rotations around equities desks. Top notch equiti ...

    30 comments - 0 silver bananas - Jan 30 2012 - 7:14am -

  9. Citi's Report on Banks' FICC trading

    Zerohedge has a copy of a 61 page research report that Citi released yesterday about the the FICC trading operations at banks. It's probably the best resource available for people interested in learning more about the trading of the asset classes wit ...

    26 comments - 8 silver bananas - Jan 8 2010 - 9:44pm -

  10. JPM- 2011E / 2012E Detailed Revenue IB Split (FICC, Eq)

    I remember Citi posted a report on the banks overall expected performance (specifically in FICC) a while back. I believe this report by JPM gives a much more updated and detailed understanding into the expected performance of all the major banks in 2011 a ...

    13 comments - 1 silver bananas - May 23 2011 - 11:04am -

  11. Convertibles trading

    Guys, I am hoping to get some insights on convertibles. They seem to be a rather untalked about area. What would you thnk of a junior guy starting off in convertibles trading? What is the money like in this area? How would job security be gong forward? Wo ...

    12 comments - 0 silver bananas - Jan 8 2012 - 6:01am -

  12. FICC Sales and Trading vs. Equity Sales and Trading

    I am interested in learning more about FICC S&T vs Equity. I understand there are different products, can someone expand on what the products are (I am assuming corporate and government debt, commodities and currencies). Are they involved in money mar ...

    12 comments - 0 silver bananas - Aug 19 2010 - 7:32pm -

  13. FICC sales

    Can anyone shed some light on FICC sales, according to the name i assume there are three main areas: Fixed Income/Currencies(FX)/ Commodities. I wonder what are the major differences for sales between those areas? sales FICC ...

    9 comments - 0 silver bananas - Jan 11 2018 - 2:25pm -

  14. Market Share (%)- Banks 2011

    This is where you should be working, bank by bank, market by market 4 April 2011 Sarah Butcher If you aspire to work for a bank that's the global market leader in your product area, but for some reason are ignorant as to which bank that is, we have t ...

    9 comments - 1 silver bananas - Jun 2 2011 - 5:43pm -

  15. FICC Revenues

    Is there any asset class on the trading desks at the banks right now that is increasing in volume above a lot of others? Also, is there any particular new product that has come around recently and is showing promise? (like CDS 's in the 00's, po ...

    7 comments - 0 silver bananas - Aug 3 2015 - 1:56pm -

  16. Switching from Equity to FICC and vice-versa!

    Hey all, I was wondering how often can a person switch from Equity to FICC in S&T-and vice-versa? Or are you stuck in one area and you just have to switch to different roles? Any input would be appreciated! Thanks! FICC equity s&t ...

    5 comments - 1 silver bananas - Apr 16 2018 - 3:00pm -

  17. Ficc interview?

    Have a interview with a BB next week for the role of junior FICC COO and could use a few pointers as I am not real familiar with this type of role. It is a junior role so I imagine it will not be too grueling. Currently I work in wealth management so it i ...

    6 comments - 1 silver bananas - Oct 25 2017 - 2:46pm -

  18. FICC Trading Desks

    Hey Guys, I've tried searching google and WSO but haven't had any luck. I'm just wondering if anyone on here could post a list of various s&t FICC desks a bank would have. I know most banks have a foreign exchange desk, emerging markets ...

    7 comments - 0 silver bananas - Sep 20 2011 - 5:24pm -

  19. ER vs FICC

    I'm an incoming junior at a non-target state school. I am an Econ and Stats major, and I would like to do research for a BB after I graduate. I know ER and FICC are different fields, but with respect to personalities are they really that different? I ...

    6 comments - 0 silver bananas - Jul 21 2013 - 8:24am -

  20. Morgan Stanley Negative Revnue Q4

    Was notified of this by a friend: http://finance.yahoo.com/news/Morgan-Stanley-Stand... "Earnings for the reported quarter included negative revenue of 36 cents related to Morgan Stanley 's debt-related credit spreads and gain from the sale of i ...

    6 comments - 1 silver bananas - Jan 20 2011 - 3:21pm -

  21. Issuing Bonds

    What does it take to issue bonds that won't be publicly traded? And can it be done without an investment bank? also, can private shares be issued in a non-profit and would the non-profit still be held to the 499 investor rule? Need help asap! Thank y ...

    5 comments - 0 silver bananas - Feb 3 2011 - 9:41pm -

  22. BB's that doing FT Analyst recruiting for FICC?

    For FICC/Macro desks (FX, Rates, Commodities, etc) at BB 's, which banks do FT (not just SA) recruiting at target schools? From what I've read/heard, these Analyst classes are increasingly (and at some firms only) made up from SA conversion. Doe ...

    4 comments - 0 silver bananas - Apr 7 2013 - 6:13pm -

  23. JPMAM vs CSAM vs GS Equity Research vs UBS FICC Research

    Would you please rank them based on career prospect, salary, reputations, etc? If you don't like ranking positions, please give me the pros/cons for if you have any. JPMAM is for their equities division, CSAM is for alternative investments (both FOF ...

    4 comments - 0 silver bananas - Feb 11 2012 - 4:14pm -

  24. Most Capital Intense Product Areas within S&T?

    can anyone shed some light on which products (commodities, rates, equities, credit, fx; and their derivatives) are more capital intense, which ones to a lesser extent and why? trading s&t sales equities products FICC ...

    4 comments - 0 silver bananas - Mar 28 2011 - 4:07pm -

  25. Internship: FX Corporate Sales vs. Liquidity Management?

    I'm currently an intern on a Cash Equities S&T desk at a BB. My plan was to intern on the FI desk as soon as my current internship ends, but they're closing their internship program. The FICC team at my bank has 3 remaining internships avail ...

    2 comments - 1 silver bananas - Mar 23 2019 - 5:51pm -

  26. Macro prop desks at GS

    Is anyone familiar with the prop desks within FICC at GS? I know there is the global macro prop desk (i.e the desk formerly run by Christian Siva-Jothy), but are there others that focus on prop (not counting SSG or GSPS)? Would the other "prop" ...

    3 comments - 0 silver bananas - Jan 1 2011 - 2:19pm -

  27. Goldman Sachs PWM FICC Solutions Group

    I have a superday for GS PWM FICC team and would love to know if anyone has any recommendations on what to be prepared for and/or what technicals to expect? It is specific for the Fixed Income team so I am guessing technicals such as bond drivers, duratio ...

    2 comments - 1 silver bananas - Apr 4 2018 - 10:56pm -

  28. Traders: Finding Weather Data for EM Countries to trade Commodities

    Note: not about trading weather futures. For the guys on the FICC desk or the experienced personal traders, how do you guys analyze the weather in a different country like Brazil if you don't have a Bloomberg Terminal? Trying to find a good website t ...

    2 comments - 1 silver bananas - Mar 11 2018 - 10:31am -

  29. FICC Revenues due to regulation

    Hi We know that revenues took a hit with new regulation as FICC (which was the major driver of top line) got hit badly by the regulation. Can anyone shed light on why exactly it was FICC that took the most brunt in the face of new regulation and why not e ...

    2 comments - 0 silver bananas - Jul 11 2017 - 6:52am -

  30. FICC in 2019

    I am currently an intern on a Cash Equities S&T desk at a BB. My plan is to switch to a FICC desk for my next internship. Cash Equities is a dinosaur business and I've heard that FICC is more quantitative. I would really appreciate if monkeys wou ...

    1 comment - 1 silver bananas - Feb 19 2019 - 10:00am -

  31. Morgan Stanley HK vs UBS London Sales and Trading Summer Analyst

    I have received an offer from UBS and a superday invitation from Morgan Stanley. I am quite unsure whether I should go to the superday (given the long journey to Hongkong) The UBS S&T internship allows you to rotate across different desks and it is lo ...

    1 comment - 1 silver bananas - Nov 27 2018 - 5:06am -

  32. why ficc

    Dear All, I am quite curious why the big IBs always put FICC together. It makes sense to me to organise fixed income and currency desks together for the sake of efficient cross-border financing. But why bring in the commodity desk at all? Commodity looks ...

    - 0 silver bananas - Sep 1 2014 - 1:06am -

  33. FICC and the Dead

    What are your thoughts on today's article in the FT (Finance: The FICC & the Dead)? Is there a future in FICC or is it too dependent on a volatility that will simply never return? FICC ...

    1 comment - 0 silver bananas - Aug 12 2014 - 6:54am -

  34. FICC Revenues at american banks

    Thought others might want to see this http://www.trefis.com/company?hm=C.trefis#/C/n-233... FICC ...

    - 0 silver bananas - Mar 14 2014 - 5:47pm -

  35. Muni bonds trading profitable?

    I may have an opportunity to intern at a BB for muni bond trading through a good connection, however I know absolutely nothing about Muni bonds or Fixed income. Does anyone have anything to share about what you do, how the pay is, exit ops etc. There isn& ...

    1 comment - 0 silver bananas - Jan 6 2013 - 3:11pm -

  36. FICC distribution

    Have a interview with a BB next week for the role of junior FICC COO and could use a few pointers as I am not real familiar with this type of role. It is a junior role so I imagine it will not be too grueling. Currently I work in wealth management so it i ...

    - 0 silver bananas - Jul 7 2012 - 3:19pm -

  37. Best FICC trading in Asia (esp HK)?

    Hey all. Tried to search for this. Who are considered the best bb's for FICC trading in Asia? Would you have to speak the language? How does HSBC rank? Thanks FICC ...

    1 comment - 0 silver bananas - Jun 22 2012 - 7:21am -

  38. FICC Market Share Info

    Hey guys- Does anyone have any year end info (or most recent) on market share on different FICC product lines (i.e. dominant bank on commodities, FX-EM, etc.). I know there' s a Citi guide from last year but is there anything more recent? Any help is ...

    - 0 silver bananas - Mar 1 2011 - 8:02pm -

  39. UBS FICC structuring in HK

    Anybody been through the UBS FICC structuring superday before? Going to do that next week. Received two rounds of phone interviews before the final round invite. Very technical. Finnacial math and pure math combined. No behavioral whatsoever. Done by mit ...

    - 0 silver bananas - Dec 17 2010 - 8:43pm -