In this post I will discuss with you the current and future state of all main global markets roles. The headcount for trading roles has declined steeply since the financial crisis.

For those who are considering a career in sales, I’ve decided to outline what a typical day is like for a junior on a busy sales desk. My first front office role was as a junior salesperson, supporting an EMEA energy sales team covering oil and gas derivatives.

I believe that every skill and profession can be learned by anyone. Nonetheless, some people are more prone to do certain jobs than others. In this post I would like to discuss seven signs that your personality might have that fit good for a trading career.

In the 1980s and 90s many people started their careers in banking in the back office and worked themselves up the ladder to eventually become high-profile traders or sales people. However, nowadays it has become increasingly difficult to move up the ranks within an investment bank.

You secured a job on a bond desk but you aren’t 100% sure what awaits you? In this post I will share the key aspects of working on such desk. For the sake of simplicity I will talk about working on a bond desk specifically as opposed to fixed income in general as that includes interest rate swaps and other derivatives.

In the next few weeks we are going to post a lot of interesting content on working in the Wharf, starting off with a Managing Director who has been working as a trader for a bulge bracket investment bank for more than 10 years.

You finally managed to get an impressive summer internship at one of the top names in the city? You can be proud of yourself for a moment but the biggest challenge is yet to come.

Among professional investment managers, risk is defined, primarily, as a return that is either higher or lower than expected. A better-than-expected return is a risk?

We had a conversation with an emerging markets trading Managing Director.

I remember when I started working full time in banking and witnessed for the first time how bankers actually look at CVs of potential interns and graduates. At the time, I was a graduate trainee on the corporate bond trading desk at a major UK bank and I was only a few months in.

During my time as a student I easily sat 25+ interviews for sales & trading internships and I have, myself, interviewed numerous candidates for sales & trading internships and graduate programs during my time 'in the army'.

Equity research is the process of analyzing the business and financial performance of companies to make investment recommendations or investment decisions. The main institutions that conduct serious equity research are investment banks (sell-side) and investment firms (asset managers, hedge funds, pension funds, etc).

I've been researching and thinking a lot about ESG's impact in finance and wanted to share a few arguments regarding how trading and asset management might evolve based on Environmental, Social, and Governance (ESG) trends and new policies such as Zero Carbon targets which introduce new dynamics to the business world and financial markets.

Marks of a Good Equity Research Analyst Alpha | noun | \ˈal-fə\ | the difference between an investment’s actual return and its benchmark return. I was fortunate to immediately work on the buy-side when I landed a job in equity research for a fund after finishing my undergraduate degree in economics.

In this post I would like to share some automation and AI examples I have either directly coded/used or seen employed in my financial work environment (Hedge Funds & Banks).

Equity research is a front-office division of investment banks that is often overlooked by people interested in pursuing a career in investment banking.

That's how much my trading portfolio plummeted on March 16th, 2020, the day that changed me in some ways forever. It was a day that didn’t start well.

Global Markets, often encompassing Sales and Trading (S&T) roles in investment banks, includes activities like equities, fixed income, currencies, commodities (FICC), structuring, and research. Compensation in this sector is highly variable, depending on factors such as desk performance (e.g., macro trading vs. equities sales), individual contributions, firm type (bulge bracket vs. European banks), and market conditions.

In the realm of sales & trading careers (AKA Global Markets), the trajectory can often be as complex and multidimensional as the financial instruments a firm might trade. A conversation with a professional golfer turned trader at a BB reveals why he chose the dynamic world of global markets.

Wesley, our latest guest on the pod, shares his non-traditional journey, changing from equity research to founding a tech startup in healthcare. His story underlines the significance of choosing one's career wisely, not be afraid of change, perseverance and transferable skills from banking.

Bonds are a useful tool for companies to raise money or refinance some existing debt. A bond has three main components.

Breaking into Global Markets as a graduate can feel overwhelming because the term covers many very different jobs—each with its own mix of skills, hours, and career paths. Here’s a overview of main departments and roles within GM, their day-to-day, and how to choose a role that fits you.

Quantitative finance, often referred to as "quant finance," is a dynamic field that merges advanced mathematics, statistics, computer science, and financial theory to solve complex problems in the financial markets. It emerged prominently in the 1980s with the development of computational methods for pricing derivatives and has since evolved to encompass data science, machine learning, and algorithmic trading.

If you are preparing for a career on a trading floor or in a markets-facing role, you will hear the word derivatives constantly. The idea sounds intimidating because the math can get deep—but the economic intuition is something you can grasp in an afternoon.

Picking a desk in Global Markets is one of the most consequential decisions you'll make early in your sales and trading career. Unlike investment banking, where analysts generally rotate through generalist pools before specializing, S&T divisions expect you to land on (or close to) a specific desk from day one.