Life of a Trade
In this second series on the inner workings of an investment bank, we look at trade lifecycle.
Books, Corporate Life, Quantitative Finance
Books
Book reviews of the Unreal kind. Here, I discuss the books I have read, and share my impressions with my readers. I read mostly non-fiction or classics. And when I say read books, I mean listen to them in audiobook (always unabridged) form. Audiobooks have the ability to make your commute or gym workout something you look forward to, rather than dread. When reviewed, they present a disadvantage though, that they cannot be referred to. Thus quotes from them become paraphrasing, names get misspelled and so on. Please excuse such shortcomings…
Note that these are not real reviews. Most of these books are so well-known that they are really beyond reviews. So my Unreal reviews are more like my impressions and thoughts, often containing spoilers.
Books, Corporate Life, Quantitative Finance
Summary – Structure of a Bank
Summary of the section on the structure of a bank, as we prepare to move on the next sections on trade lifecycle and perspectives.
Quantitative Finance, Books, Corporate Life
Back Office, Finance et al
Short description of the functions of Back Office, Finance etc.
Uncategorized, Books, Corporate Life, Quantitative Finance
Rates and Valuation
Other important functions of Middle Office, although far removed from quantitative development.
Books, Corporate Life, Quantitative Finance
Market Risk Management and Analytics
Market Risk Management Analytics is where I started my banking career. It may be a good place for quantitative professionals to start. Here is a summary of what MRM and Analytics do.
Books, Corporate Life, Quantitative Finance
Credit Risk Management
Risk management is a critical function of Middle Office. Here is a look at Credit Risk Management.
Books, Corporate Life, Quantitative Finance
Middle Office
Moving from the risk taking side (Front Office) to the risk control side (Middle Office), this post gives you a general outline of what this second office does.
Books, Corporate Life, Quantitative Finance
Quantitative Developers
On the vital role of quantitative developers in an investment bank.
Books, Corporate Life, Quantitative Finance
Trading Desks
The profit centers of an investment bank, trading desks command enormous prestige. And bonuses, which can easy range up to a few times their annual salary.
Books, Corporate Life, Quantitative Finance
Sales and Structuring
Sales – another crucial team in the Front Office of any bank.
Books, Corporate Life, Quantitative Finance
Economists
Economists (with too many hands) find their place in Front Office of investment banks.
Books, Corporate Life, Quantitative Finance
Front Office
Front Office, the world and customer facing side of an investment bank, houses both the rainmakers and rogue-traders, along with their support teams.