Hey there! Sign in to join this conversationNew here? Join for free
x Turn on thread page Beta

Is this an accurate reprenstationn of trading today? watch

Announcements
    Offline

    17
    ReputationRep:
    (Original post by Princepieman)
    Was structured rates, remember something about balance guaranteed swaps
    Ah ok, a lot of the more structuring trading desks can be like that.
    Offline

    13
    ReputationRep:
    (Original post by Princepieman)
    You'd be surprised.. Derivs traders can be super nerdy imo, I didn't see much of this banterous behaviour when I shadowed a rates derivs desk. It was more reserved and quiet.

    Posted from TSR Mobile
    really? They probably continued with their laddish bants after you left. I can't imagine a trader being quiet lol
    • TSR Support Team
    Online

    21
    ReputationRep:
    TSR Support Team
    (Original post by serions871)
    really? They probably continued with their laddish bants after you left. I can't imagine a trader being quiet lol
    There are different types of traders.. If they're on an exotics desk it'll mostly be filled with nerdy types lol
    Offline

    13
    ReputationRep:
    (Original post by Princepieman)
    There are different types of traders.. If they're on an exotics desk it'll mostly be filled with nerdy types lol
    ok coolio. According to M&I, fixed income is usually more reserved than equities. Although I'm sure an introvert could still survive if they go out of their way to provide good bant and pretend to be a boisterous lad haha
    Offline

    20
    ReputationRep:
    These IB threads lol
    Offline

    20
    ReputationRep:
    (Original post by serions871)
    ok coolio. According to M&I, fixed income is usually more reserved than equities. Although I'm sure an introvert could still survive if they go out of their way to provide good bant and pretend to be a boisterous lad haha
    LOOOLS no, either you're a lad or not a lad
    Either you're a trader or not a trader
    Offline

    2
    ReputationRep:
    Traders are some of the meanest coldest people you'll meet lol, not exactly soft and cuddly
    Online

    21
    ReputationRep:
    (Original post by squish562)
    Traders are some of the meanest coldest people you'll meet lol, not exactly soft and cuddly
    says the guy who was insulting my career ambitions on the "dream jobs" thread.
    • TSR Support Team
    Online

    21
    ReputationRep:
    TSR Support Team
    (Original post by Ladbants)
    LOOOLS no, either you're a lad or not a lad
    Either you're a trader or not a trader
    Trader does not always = 'lad'. How many 'lad's do you think are in Jane Street Cap, Citadel etc? Barely any.

    (Original post by serions871)
    ok coolio. According to M&I, fixed income is usually more reserved than equities. Although I'm sure an introvert could still survive if they go out of their way to provide good bant and pretend to be a boisterous lad haha
    FI tends to have more quant-y desks than equities, but exotic equity derivs will still not be anywhere near as 'laddish' as you guys are envisioning. It varies way too much from firm to firm and desk to desk to come to a definitive view. All you need to know is the more quant-y the desk, the less likelihood of banteroous behaviour occuring.
    Online

    21
    ReputationRep:
    Guys, let's let this thread die down. We've established the following:
    - Some traders are lads
    - But not all are
    - Equities > Fixed Income in terms of banter
    - The more quantitative the desk, the less laddish it is usually is and the lower the quantity (but not necessarily the quality) of banter is
    - Not all traders are douchebags- the majority of them are nice people who like making money. Also, squish562 doesn't know anything about trading.
    - If you're going into trading for the banter, why not just start a pub or comedy club instead?
    Offline

    1
    ReputationRep:
    (Original post by Noble.)
    What rates derivatives desk was it? If it was rates exotics I wouldn't be surprised (as it's pretty much the most quantitative trading desk) but rates options (vanilla and simpler exotics) shouldn't generally be like that.
    So rates options has good laddish banter?
 
 
 
Reply
Submit reply
Turn on thread page Beta
TSR Support Team

We have a brilliant team of more than 60 Support Team members looking after discussions on The Student Room, helping to make it a fun, safe and useful place to hang out.

Updated: September 3, 2016
Poll
Do you agree with the proposed ban on plastic straws and cotton buds?
Useful resources

Articles:

Guide to investment bankingGuide to consultancy

Featured recruiter profiles:

Deutsche Bank logo

Deutsche Bank is recruiting

"Thrive in an international banking environment"

Quick link:

Unanswered investment banking and consultancy threads

Groups associated with this forum:

View associated groups

The Student Room, Get Revising and Marked by Teachers are trading names of The Student Room Group Ltd.

Register Number: 04666380 (England and Wales), VAT No. 806 8067 22 Registered Office: International House, Queens Road, Brighton, BN1 3XE

Write a reply...
Reply
Hide
Reputation gems: You get these gems as you gain rep from other members for making good contributions and giving helpful advice.