Sales & Trading in IB Flashcards
1
Q
how does the s&t department in IB work?
A
when research department come out with info/reports, they tell the s&t department to assist them in executing a transaction
2
Q
do investment banks help match buyers and sellers?
A
yes
3
Q
how do investment banks execute transactions?
A
they either purchase and then resell securities
or facilitate the transfer of securities between buyers & sellers
4
Q
what do research analysts do?
A
prepare research reports with buy/sell recommendations and communicate this to the sales & trading department
5
Q
what is the objective of a trader?
A
to execute a trade
they trade on behalf of their clients
