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By going to an IB you're getting a look inside the market that could set you up for life. Investment Banks have clients that you would trade with - you get to see how the real money (big funds, hedge funds, governments and everyone else in between) actually operates. Say you actually turned out...

No No. Friday you mean... :D

Generally the interview processes at banks are pretty poor no matter how "thorough" they think they are. They are also pretty arrogant. The excercise of power over who joins a team and who doesn't is one of the few occasions where managers can exercise raw power these days - your experience of...

Dacker, hope you weren't being nasty...Did you mean to suggest trying F...rance instead? No don't think they've got many jobs there in finance... AbPQuant - have you looked at doing the CQF? http://www.7city.com/cqf.php?area=quants&outline=cqf&course=cqf&oid=4 Even just part of it would...

The market opens at 14:30 London time. I make no claim about value here its just exactly the same thing as valuing your house relative to what your neighbour just got for his. Your house may be entirely different but if he just lost 10% why would you not "mark down" the value of yours in your...

No it doesn't its just saying that for example if a global food producer based in London is up 1% since the US last traded and this holds for the sector generally then maybe US based global food producers should be priced at that UNTIL WE KNOW DIFFERENT. Because there is so little trading in...

What's so sad about this thread is that its as if the rest of the world just does not exist to some people. US stocks are traded by more than just Americans and represent businesses that trade in more than just America. American share of world economy is LESS than 100%. About 5.5 billion+...

I worked in the City for 10 years. All of it in IT related to trading OTC derivatives. Funny I forgot about the Greeks! The one time in 10 years I really thought I was going to get fired was by a scary Greek trader when I f*cked up his overnight risk run! :eek: Q1

Yeah don't blame yourself blame the country you live in!! Good grief - has anyone on this thread actually worked in the City? If you had you would understand that it is VERY open to foreigners or people with different backgrounds, in fact vast swathes of the City are dominated by Americans...

being bored for being long... :(

Cool. Wanna swap? :D

Dude, you long or what? :p

Well whoever has been doing it - its been pretty serious and relentless (depsite the mark-up spikes on news) for what 2 weeks? Particularly heavy this past week. Somebody looked hurt or at least pretty anxious to get out, little bundles of stops being hit all the way down too helping it on...

see saxobank

I think what has spooked US traders since Thanksgiving has been that unless you're plugged in to what drives European markets (Dax, Estoxx50 etc) then you just won't see where the volatility is coming from. Worth noting that Monday was the Eurostoxx50's 5th down day in a row...the previous...

Banjo - your description of laziness-as-fear chimes with mine. In the end we all only have so much risk-taking capacity at particular points in our development. I find that I get tighter or more distractable or lazier however you want to describe it after a good run of trades or near the end...

The scary thing about this move up in the EURUSD is that according the Oanda it has been accompanied by a large INCREASE in traders (using its system) getting short - see http://fxtrade.oanda.com/resources/trastats/ratio_positions.shtml so even if we dip here there will be a lot of short...

this is why you should ALWAYS use futures for non-day trades if your account warrants it. Your FX "broker" makes part of his money by charging you LIBOR+X% on your debit side and giving you LIBOR-X% on your credit side. Futures have flat LIBOR financing built-in (or near it anyways). Q1

Man/GNI, Fortis, FIMAT, ADMISI All of the above should support a Radianz link (see BT website). Q1

dunno - seen todays range though? nice carry if you can stand the vol... Q1