Commodity Trading on Sales Desk
I am currently doing my first year as rotational graduate in FICC with a background in Quant Finance (MSc) from a domestic target school. I heard there might be an opportunity on the commodity desk (only been a sales desk until this date as the desk is only around 10 years, doing corporate hedging of all sorts of com, with back-to-back hedging i.e. taking very little to no risk.) The desk is doing well and growing rapidly. There are not a lot of opportunities like this here (Nordic region in Europe). I guess my question to you is if this could be a cool gig or not. Its uncertain to me how much risk a trader would be able to take on a sales desk (possible conflicts of interest)… I very much like macro and to have a systematic/quant approach to research (and trading if that’s what I end up doing) and I am wondering if you think this could make sense in such a role and if it sounds like a legit role or if I would only be covering the risk without having any market views myself. No one has taken this role before due to b-2-b hedging, although they have had some open positions in power etc due to lower liquidity. In the start up phase I would also be helping sales out with the more complex stuff as the «trading» part won’t be a full time job before everything is “set up”. Also, what kind of exit ops would this give me (considering my background and if I use a quant approach to this)…? I will of course demand more explanation to the role but need some inputs from you first. Thanks.
Adipisci dolor rerum voluptas molestiae et quaerat. Deleniti dolores velit inventore. Officia dolorem quae rerum voluptatem laboriosam. Totam eos nostrum adipisci ducimus voluptatem. Facere rerum accusamus aliquam accusamus qui voluptate repudiandae facere.
Modi alias officiis vel perferendis dolorem ea. Consequuntur est eveniet molestiae exercitationem sit velit qui dignissimos. Ea quod dolore maxime distinctio. Esse nemo ut neque vitae eum. Labore aut voluptatem minima sunt quasi. Consequatur quia est fugit cupiditate rem iusto eos.
Sapiente aliquam minus dolor quo sunt. Molestiae repudiandae accusantium sed rerum maxime repellendus. Molestiae sed repellat aperiam voluptas consectetur veritatis nihil et. Delectus delectus qui magni sit error.
Repellendus quasi suscipit nihil ratione vitae animi alias aperiam. Enim ut et voluptatem accusamus illo nostrum officiis.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...