Winding up this long series with book recommendations. All right, recommending my own book…

The perspective that is most common in the bank is still trade-centric. But view that the whole bank appreciates is the view of the senior management, which is narrowly focussed on the bottom line. Here is more about such perspectives.

The perspective employed by the Middle Office team is that of queues running in a first-in, first-out mode.

The product-centric view of the quantitative developer suits their work paradigm.

The perspective of the mathematical wizards of the bank, and why they often appear far-removed from the rest of the bank.

In this last section of this post series on how a bank works, we will see how the quants, quantitative developers and the middle office professionals (and the rest) see trades and trading activity.

Quick summary of the section on the trade lifecycle, before we move on to the final section on the perspectives held dear by various business units in a bank.

On the termination phase of the life of a trade.