Finally, good news for debt traders: positions are beginning to open up at an array of big houses. According to a May 22 Bloomberg.com article, firms like Nomura and Deutsche Bank are betting that anticipated increases in interest rates will translate to corporate debt profits.
Since these positions are rarely posted, you will need to use your network to vet opportunities.
According to a recent article, Cantor is continuing its expansion into the full-service investment boutique business. They’ve made an array of moves designed to fill holes in their business, including expanding their equities business, their global presence, and their product range. They’ve hinted at up to 100 new hires globally, although where is still up in the air. Currently, they’re seeking sales and trading hires with a book of business (of course).
As the article points out, cultural fit will be key. A former employee describes the environment as one “for the hustlers and thick-skinned only.” Think that’s you? Check out Cantor’s current job postings.
Unless you’ve been in a cave, if you work in trading, you know that the industry has embraced technology. But what does that mean if you want to stay relevant? Two recent articles in Traders Magazine talk about how important it is to stay at the forefront of technology trends by building quant skills, while holding onto the skills that made you a successful trader in the first place. Continue reading