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do people ever chose operations over FO or MO roles... watch

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    (Original post by RJA)
    Thanks. I guess I just said that to avoid having to write an essay!

    Depends which part of Prime Brokerage you are discussing. If you are dealing with settlements and clearing, then you are performing an operations role on behalf of the client. Sure, there are different roles that involve more sales and custodial duties, but you are providing a service to the client in their own transactions and not necessarily an advisory role. Tell me how this is so drastically different to the services that IB Ops provides to its own traders.
    At the banks I've spoken to, Prime Brokerage is usually treated as part of the Sales & Trading division. Obviously it has its own back office functions, but generally any function that acts as a support role for front office is bracketed into Operations, rather than its FO equivalent. Hope this clears it up for you.
 
 
 
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