Recent content by Dopamine20

Thank you once again. It's just the way this was layed out in the text book was confusing, I just messed up the day count bit in the re-arrangement of the formula. Perhaps I should re-do GCSE maths! (Just for the record, it's 181/365 for UK Money Markets and simple interest calculation when...

In the textbook it shows: £483,266.10 = £500,000/1+r*181/365 gives 365*r*181 = 377.64 r = 377.64365/181 = 0.07 I can't figure this out - when I plug the numbers in I get 1.08

Thanks for your answer. However, I am have trouble with the calculation to discover the annual rate i.e.7%. How do I work it out?

Please could someone show me how to work out the discount to yield on the following. I am probably going wrong in the re-arranging of the equation: £500,000 of 181 commercial paper is issued at £483,266.10. What is the discount to yield. The answer is supposed to be 7% - but I am looking for...

I need the study book and questions book at a reasonable price. I.m also looking for the derivatives book and questions. (BPP study material)

How did you get on with this? I am looking to approach them myself and wondered if you could provide a bit of insight. What's your experience like in the markets?

I've applyed to Tullett's. Think I would make a great broker know how they work. I need to get a foot in the door and am confident with interviews and tests. I don't have a degree but have a good eduction aside from that and have worked for a private-client stockbrokers. Any contacts or...

I'm applying for a role at the moment to one of the big IDBs. How did you get in? Would you be able to give me some advice please?

By the way - I used to contribute to the forum under the alias THE WOLF2222, but could not log in for some reason. Thanks again.

I am very interested in a junior/trainee IDB role that is being offered by one of the large IDB firms. I am would very much appriciate any advice that could help me be successful in getting the job. I know why I want to do the job - I think I will be very good at it - working under pressure...