Showing results:
Displaying 651 - 700 of 1,695
How to break into energy/commodity trading?
I have experience at a fund of funds with a large allocation to commodities. Thus, I've had tons of exposure to traders, derivatives, trading strategies, and I've gotten to know most commodity markets on a fundamental level as well. I've also had many typical analyst-like duties like prepping client...
Developing basic trading knowledge/skills (I'm a complete novice)
I'm a 26 yr-old professional, doing corporate strategy for a F500. I'm a very smart guy in most respects, but know pretty much nothing about trading , and don't follow the markets consistently, thus I've never invested my money in anything but my company's IRA plan (so mostly a generic 401K plan,...
Interview w/ Cargill
Hi everyone, I have a first round interview with Cargill coming up for an entry-level program on the trading floor . Has anyone interviewed with them before? I'm trying to gain some insight on their interview style aka if it'll be non-stop prop-shop-style technicals or more of a focus on...
Unintended EQ Trading Interview
What are your thoughts as to not being able to fluently answer a technical question for an interview that, well, came out of nowhere?
SIG Trading Non-Compete
Does anyone know if you have to sign a 3 year non-compete in order to do the trading internship at SIG? Or do they only make you sign it when you start working full time?
Mandara Capital - Culture, Pay, Prestige?
Hey all, anyone heard of Mandara Capital? I had an interview with them and the next step would be a face to face in London. Just want to see if anyone has in depth knowledge of the company culture, presitge, pay, and anything else that I might need to know. Thanks
Recommended blogs for trading?
Hi traders What blogs do you recommended about trading / stock/ options? Especially those provided the market analysis and forecast
Is shorting your competition legal?
Let's say you own a biotech and discovered a cure for aids. Can you use this material non-public info to short other publicly traded pharmas and biotechs also working on HIV drugs? Sorry if this is a naive question, CFA L1 didn't cover anything like this.
Q&A with a Fixed Income Trader at a Major Bank
mod note: this was originally posted on 9/4/12 I thought I'd switch things up a bit today. Rather than delve into a note-worthy news item or another Facebook discussion, I'd like to welcome everyone back from Labor Day Weekend with an awesome interview. WSO tends to be heavy on content for banking,...
Learn R for Free
It never hurts to increase your skill set, especially in this economy. And when you can do that for free, so much the better. And when you can learn something for free that is in demand all over Wall Street, well that's just the icing on the cake. So I wanted to let you know about a new course that...
Heisen Group
Has anyone had experience with Heisen Group, a prop trading firm ? If so, how was that experience?
Burghardt and Corb e-books
Any chance anyone has e-books (scanned would do) of these two: Eurodollar futures and options handbook - Burghardt Interest Rate Swaps and Other Derivatives - Corb Wouldn't mind Treasury Bond Basis by Burghardt either. Thanks.
Institutional Equity Sales - got an interview at a boutique
Any help would be appreciated? Can you guys shed some light on what they might ask about, the environment of the interview, any interview material you would like to forward me to? I am very excited but also pretty scared...I really don't want to look at this after and see how much better I could...
Princes William and Harry hit the trading floor
I doubt anyone would give an f about it but here it is. U.K. royals Prince William and Prince Harry turned their hands to trading on Wednesday and closed a multi-billion dollar deal… all in the name of charity. But the brothers took their role seriously, making a number of trades, including a...
Oil Marketing? Need some information on this
I'm currently working in finance, trying to break into commodities, specifically energy, in a trading or research related role. I don't have direct commodity experience, but I was offered an interview within a well regarded proprietary trading energy shop as an oil marketer. The job would be...
Cold Calling 101
Whether you're trying to land a position, sell a product, or simply network with others, learning the art of selling should be a vital part of your learning in any profession. The most effective way to do all of the above is to learn the art of selling yourself. While there are many aspects to...
Macro trades?
Can someone recommend (PM) a macro trade I can research for interviews? I will tell you my FX trade idea in return so you have another thing to pitch as well.
West Coast Trading - Semi-target and interested in trading
I go to a semi-target on the west coast and am quite interested in trading. However, one of my friends who did a sophomore rotational at BAML told me that west coast kids getting S&T in NYC is unheard of and virtually impossible. Thoughts?
When your boss is intimidated by you
I am currently in this weird situation and don't know what to do about it. Thought I'd give the site a shot to see what everyone think. I work at a brokerage firm and I have been bringing accounts in that is doubling company's rev of the whole past 3 years. Instead of giving me a big bonus or what,...
Preparation for next year after sophomore S&T internship
I just finished a middle market sales & trading internship last week, but I hope to move on to a BB next summer ... I attend a target school. Because I was at a middle market, and the internship class and sales & trading division was relatively small, I was able to take on a lot of responsibility. I...
The Importance of Expectations
I've had a post on a Greek net-net bouncing in the back of my head for a few weeks now. As I've thought about writing that post I kept reading articles and blog posts where either readers or authors had unreasonable expectations. It occurred to me that I've never clearly talked about my expectations...
Got Gas? Yes Please!!
SandRidge Energy (SD) focuses on exploration, development, and production of oil and gas primarily in the Permian Basin and the West Texas Overthrus. Of the company's estimated reserves of 1,312.2 Bcfe, approximately 52% is natural gas. In Q2 2012, SandRidge reached record oil generation levels...
Have $100k, don't know how to invest, help
I came into 100k, i'm a soon to be PhD student(financial economics). I seriously don't know how to trade and am thinking about long term investments such as S&P 500 Index ETFs or Growth or Income mutual funds and withdrawing a portion of the principal + interest each year to have extra spending cash...
Penny Stock Research
Hey all, Do any of you invest in penny stocks? I know it's risky, but figured it could be fun. I don't have an idea where to research and find info on these stocks though. Are there any good resources out there? Thanks!
WSO Webinar TONIGHT @ 8:30pm EST: 3 Secrets to Breaking into S&T
This coming Monday night, July 29th (830PM et) Wall Street Mentors will be hosting its Second Webinar of the summer. On July 15th, we covered the transition from banking to private equity. On July 29th, Anand, a featured mentor and current Hedge Fund trader, will cover what it takes to break into...
Better at side interest than job
Currently a prop day trader (equities) in the trading arm of a HF , algos n stuff, doing fine at it, but was recently asked to try and find ways of using the hedge funds cash in longer term strategies as something to see if possible. Started doing currencies and have become pretty good at predicting...
Behavioral Finance Careers
I am strongly interested in behavioral finance.As a finance grad student and B.A.economics holder,which career path is most appropriate for me?I think trading might fit well.What are your suggestions?
Update: Sold ORCL, Bought MWW, Sold MWW Calls
Time for another disclosure post. I made the following moves in my trading account on Friday for anyone who is keeping score: Sold ORCL at $32.14 - Wishing I hadn't done this now. ORCL is really strong and I still think it goes to $35 pretty quickly. I sold to free up some capital for another trade...
Good questions to ask a fixed income salesman
Hi, Was wondering what you would consider good questions to ask a fixed income sales guy, which were not too general but specific. I guess it is quite easy to follow what is going on but to ask good questions which are not too broad. Thanks
Share monitoring tool
Hey, I am looking for a virtual trading tool. However, it shouldn't be one of the typical virtual portfolios, where you pay virtual fees, need to buy the shares first which you can only do during trading hours and so on. I just want a tool where I can put a couple of stocks in for monitoring...
Credit Trading interview - Phone interview for a credit quant
Hey WSO , I have a phone interview for a credit quant trading role at a BB . My background is math major from top 10 US school then forex quant trading, a fairly equal between split intraday long / short using mathematical and technical techinques and spot / forwards arbitrage . Some techniques I...
Jane Street Final Round - What to Expect
After going through the interview process, the OP shared the final round interview experience with readers of WSO. Check it out below. Jane Street Capital Interview Process Before the interview I went through five phone interviews before they invited me down , and I think they would have kept going...
How hard is it to go from one part of a BB into the trading division?
Say you want to go from a credit risk analyst or private wealth management analyst to trading for a BB like MS , GS , JPM , etc... what would you have to do? How about going from those positions to a hedge fund trader? I'm only interested in trading so I wouldn't want to spend a year or 2 in those...
Can you recall you first day of trading?
Just finished my first day of trading real money during my intern this summer and I lost about 30 bucks. The originall BP accout is around 4000 dollars. I am kinda sad, need some motivation and welcome more stories about your first day of trading (interns and fulltimes are all...
Sitting Trader Style (When You're Not a Trader)
So the layout of my office is "trader-style" although I am not a trader. I only have two computer screens instead of four; a lone Bloomberg terminal now serves the entire floor. Austerity budget or something, they tell us. I don't care, if cutting extraneous costs increases my slice of the...
Upcoming Investing Conferences/Seminars?
If you have a site/link with upcoming trading conferences(especially in New York or LA), post it here, thanks
What are the factors that determine the short tern trend of a stock?
Hi, I'm new to stock trading and I have just started last month I am still improving on my analysis and I have a question on mind What could be factors that determine the ups and downs of the price of a stock for the short term say monthly? Thanks in advance
If you want a top MBA, avoid trading
From seeing my trader friends get absolutely crushed with top b-school admissions the past few years, I'm convinced that if you have any intention of going to a top school, avoid trading . The skillsets you develop there are not what schools want. Fair or unfair, they just don't like traders. Even...
Is Allston Trading falling apart?
This is what I've been hearing. An acquaintance from college recently left because apparently the firm is getting crushed, losing money on all of their core businesses: equities, FX, and rates. It's surprising to hear since Allston was touted as the "next Getco /jump."
Do People Always Complain about Pay?
Do you notice that people in finance always complain about comp no matter what they are actually making? I ask this because I have worked at several finance firms now, one which is very "prestigious" and everywhere I work people love to make jokes about how they get paid hardly anything. Now, some...
The Caveat of Technical Operations at Trading Firms
It’s the white whale of the recruiting world. We’ve all reported sightings. We’ve all spoken to the managers that want them. We all have the specs. The bones of old resumes, along with evolution itself, suggest they’re out there. I speak of technical operations support engineers.
Corn Hits Record High
Corn hit a record high yesterday amid a worsening drought affecting 90% of the nation's crop . I have to admit I haven't really been paying attention, because I haven't traded corn since 1999. Of course I'd seen the news about prices, but I never paid attention to the actual price per bushel. When...
Quick question on calculating implied values of ETF and futures
Given the closing price of the dow jones index, how would you calculate the implied theoretical value of the DIA etf and the june 2013 dow jones futures contract?
Best Asset Class for Trading
Hello, I wish to know which is the best asset class to trade in the coming years among FX, Commodity, Equity, ABS ( including CDS , MBS , RMBS, CMBS, CDO etc) etc. so that one could make very good amount of money. I would appreciate if I could get the pros and cons and the comparison related to...
Would you be on the other side of these trades: MSFT & SBUX?
In today’s volatile market, being long and neutral in your portfolio can deliver returns in uncertain markets. Today, I will present two options strategies, one conservative and one speculative, and then ask WSO if you would be on the other side of these trades. I will propose a covered call on...
Rank MM/International Banks for S&T?
Was just wondering what you guys would rank these banks for sales & trading ... (For the US). Not group specific, but just in general. HSBC , PNC , US Bancorp, CIBC , TD, UniCredit , Santander, BBVA, Credit Agricole , Mizuho
I want to do trading..Advice?
I'm a freshman at the University of Michigan majoring in Economics and minoring in Mathematics. I need some guidance in getting a trading job and ideas of what I should do and take advantage of before I graduate. What skills is essential to become a trader? How can I become a trader? I might...
Ask Me Anything: I'm a Currency Volatility Trader
I work as a currency volatility trader and manage one of the bigger G10 blocs in London. I've been lucky enough to get responsibility early in my career. I started off managing a single currency book a few months into the job, and have steadily been granted more responsibility to where I am today....
Networking Email Issue
I have been networking quite a bit for a potential internship. I've made several good connections. However, I've come into a few issues. If you've met someone in person or have emailed someone multiple times back and forth, and then when trying to contact them again, they don't respond after a few...
Trading in College
Anyone have any success trading a personal account in college? By success I don't neccessarily mean Tim Sykes returns or anything. Mostly just anough to keep a strong beer fund flowing. Any tips on required starting cash? Best market to trade in?
or Want to Sign up with your social account?