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    umm, this was not for the "outstanding 5" of the spring week...it was for those interested in derivatives. someone heading to any division that didnt deal with derivatives simply did not attend the trading game. and mind you, that was a considerable number of people.

    and out of those who went for the trading game, many werent too interested either...a lot wanted to just chill/travel/do other stuff in what could possibly their last "real" summer holiday for a long time to come.
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    (Original post by Barzini)
    umm, this was not for the "outstanding 5" of the spring week...it was for those interested in derivatives. someone heading to any division that didnt deal with derivatives simply did not attend the trading game. and mind you, that was a considerable number of people.

    and out of those who went for the trading game, many werent too interested either...a lot wanted to just chill/travel/do other stuff in what could possibly their last "real" summer holiday for a long time to come.
    oh sorry then! I was just going on what HR told us. My apologies.
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    Marketing stunt
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    (Original post by Barzini)
    wrong, we were invited for a trading game later on, and 5 were offered places on the DSP. Many of us didnt bother at all because we weren't interested in derivatives. All of us have been guaranteed an AC on the other hand.
    What is DSP? I did a search on it and found that there is something called DSP Merrill Lynch, but it just went on and on with DSP ML without actually explaining what DSP is.
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    (Original post by MonteCristo)
    My understanding is that people who get 1st year internships either get them through connections or are extremely good (excellent A-level portfolio, and in depth technical knowledge). Even then, the ones getting it meritocratically usually do so by chatting to the right people during networking events, impressing and then exchanging business cards and being asked to submit a form. Either that, or you take an ad hoc internship which is very easy to milk, esp at the 2nd tier banks (SocGen hires loads of adhocs and it's easier to get into than Pangaea on a Wednesday night).
    What is so special about Wednesday night?

    Also, for adhoc positions do we submit the applications as usual?
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    (Original post by MonteCristo)
    My understanding is that people who get 1st year internships either get them through connections or are extremely good (excellent A-level portfolio, and in depth technical knowledge). Even then, the ones getting it meritocratically usually do so by chatting to the right people during networking events, impressing and then exchanging business cards and being asked to submit a form. Either that, or you take an ad hoc internship which is very easy to milk, esp at the 2nd tier banks (SocGen hires loads of adhocs and it's easier to get into than Pangaea on a Wednesday night).
    The majority of people landing first year internship that I know of, do so via family contacts.
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    (Original post by Spencer.Smith)
    What is DSP? I did a search on it and found that there is something called DSP Merrill Lynch, but it just went on and on with DSP ML without actually explaining what DSP is.
    Digital Signal Processing.
    http://rapidshare.com/files/36192730...or_Traders.pdf
    if you're REALLY interested (its 265 pages)

    I might be completely wrong though
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    (Original post by Spencer.Smith)
    What is so special about Wednesday night?
    Best question on the thread so far!

    It's easy to get in almost anywhere on a Wednesday night - no one goes out.
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    (Original post by President_Ben)
    Best question on the thread so far!

    It's easy to get in almost anywhere on a Wednesday night - no one goes out.
    Is this a joke or whatever? :p: If it's true, what's the underlying reason? Wednesday being the middle of the work week?
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    (Original post by supernova2)
    Digital Signal Processing.
    http://rapidshare.com/files/36192730...or_Traders.pdf
    if you're REALLY interested (its 265 pages)

    I might be completely wrong though
    Cannot view the pdf...

    DSP may mean Digital Signal Processing for engineering (which is the most prevalent meaning in Google/Yahoo), but this cannot be the meaning for finance right?
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    (Original post by Spencer.Smith)
    Is this a joke or whatever? :p:
    No.

    If it's true, what's the underlying reason? Wednesday being the middle of the work week?
    Thursday, Friday, Saturday - people tend to go out. Thursday for the people who leave the country on the weekends.

    Other days, they don't. This applies to clubs, booking tables at popular restaurants etc.

    Monday to Wednesday are close to dead.
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    dsp = derivatives specialist programme
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    OK thanks!
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    rofl I was miles off
 
 
 
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