Recent content by crazybrab

Middle office (risk. modelling), back office (settlements, reconciliations), various roles in corporate treasury etc....

I had the interview on Wednesday (09/12). Format as described by others, I can only pass on my wisdoms: 1. Don't be late - not even one minute! 2. Think of something INTERESTING to say, ask ORIGINAL questions and don't dig yourself any holes! 3. Read and understand the instructions on the maths...

How did the interview go?

I interviewed *recently*: You've got less than 6 seconds per calculation and there are quite a few to do and for the sake of OSTC, I wont disclose more information. You've been warned, make sure your mental maths is faster than a calculator! Just found out I didn't make the cut - at least I...

thosecars82, I've sent you a message. Crazybrab

here Will January 21st be the “Most Depressing Day of the Year”? - World of Psychology 21st of Jan. I don't think it's that important tho if we take the 21st or 24th. The markets got badly spanked and its far too coincidental. Perhaps the market decided to *discount* the number of failed new...

Very very coincidental. January 21st is the most depressing day of the year, and we had the usual weekend effect. Unsurprisingly, markets got utterly spanked yesterday. Today's up move was totally predictable based on yesterdays irrationality. I wouldn't be surprised if *they* tried to 'shake...

RichieE, I'm studying the generic MSc 'international Securities, Investment & Banking' (ISIB) at ICMA. The degree specialisms such as 'trading & portfolio management' or 'risk management' are in IMHO, best avoided. It is rather silly to be a 'specialist' in these areas having only taken 20 or...

That kind of explains it - the guy had spent his whole life in fixed income. Good guess, I'm at ICMA, and seeing we are sponsored by Reuters, I'll go off and get my Reuters certification done anyway. We have just one Bloomberg terminal, i shall enquire if i can get bloomberg-certified too...

I have the chance to become Reuters-certified as part of my studies. According to one of our lecturers, an former director from GS, Bloomberg is the industry standard. Just how useful is it to get certified on something apparently redundant (Reuters)? Thanks,

Back sometime in 1999, aged 13, my first ever 'trades' - went long Atlantic telecom, doubled my 1k overnight and took profits, after a few weeks, doubled my money on Cable and Wireless, banked another 1k. I was immortal and only 13.. Fast forward a few months, scaled up big time using my new...

Chocolate13, Clarify where you want to go. Prop trading, market making, IBs and hedge funds are all very different and they will not get you into your dream "trading" job through the back doors. Decide what you want to do as a trader, what you want to trade, learn a much as possible and then...

OK, I need to solve this question, and I am completely lost: An "A" rated company wants to issue a new bond with a maturity of 1st July 2009. (SDT:01/07/07). This new bond has a coupon and CDS for this company is trading at an annual premium of 85bps. Compute the bond's fair price value. Assume...

Can anyone please clarify the difference between a credit spread and an asset swap spread when refering to credit default swaps? Thanks in advance.. Crazybrab

All replies have certainly got my thoughts going again. Looking at the 'order book' is a mammoth task given I would need to take some mammoth sample. Blackcab, Thanks, I'm going to have a dig through academic literature and see if this is the case. This topic was my initial choice and I may...