Recent content by msrxlbp2

  1. M

    Smallest Stake per Point

    Any others? Was hoping for a permanent rate as opposed to an introductory offer....
  2. M

    Smallest Stake per Point

    Quick question - does anyone know which Brokers offer the smallest stake per point for Spread bets? I currently get £1 a point but would like to test some other equity markets with a lower stake - have heard it can be as low as 10p per point? Cheers
  3. M

    Show me the money!

    Think you are applying for glossy roles with not a lot of experience/qualifications (hence the lack of response). In all honesty I think that what looks like your previous plan of working from back office roles into a junior front office role will have the most effect. Only thing is that these...
  4. M

    Show me the money!

    What is it you actually want to do? Also it seems odd that in your cover letter you point to being in contact with Brokers through your role in settlements bu don't actually refer to your own experience in that realm?
  5. M

    Show me the money!

    Obvious question: Why did you leave a role as a "Derivatives Dealer" to go and work in settlements?
  6. M

    Career Direction

    Sorry to be a kill joy but there are more people leaving the industry right now than joining it & couple that with mass redundancies - I'd say it is harder than ever to get a foot in the door. Probably something people don't consider much these days is that larger IB's have sent Operational...
  7. M

    Setting up my own trading business

    You need Equity investment as opposed to Debt - the spread betting firm are already providing you with leverage so why would a bank take a huge risk and further increase the leverage?
  8. M

    Seeking advice for Masters in Finance

    The harsh reality is that you are struggling to find graduate jobs as all the big firms are firing/collapsing! In reality spending money on a Masters will probably not help your cause as you are taking a gamble on the job market recovering when even the most seasoned of Investment Bank...
  9. M

    Trading/Stockbroking Job

    To be honest it's not the best time to enter the industry although you do have a background that is relevant and interesting. Is there no way you could trade off your own account or use your sports betting background to generate an income? Also - remember a lot of the roles you describe are...
  10. M

    TV show about trading

    On the whole a good tv show that seems to have taken a group of (relatively) smart people from a few different walks of life who think they have what it takes to make it in the real world. I particularly found it funny watching the old guy (who was planning on managing his pension via day...
  11. M

    Hedging EUR/GBP rate

    Perfect - Thanks
  12. M

    Young and in an excellent position

    Sounds like you have no responsibilities or need for large sums of income each month coupled with a substantial capital base - which is probably a position 99% of people on this forum wish they were in. Don't waste it & make the most of your financial freedom. There is nothing stopping you...
  13. M

    Becoming a broker

    What is it you ultimately want to do? Most graduate roles will put you through ther FSA exams (as you won't be able to advise clients without this) so it seems pointless for you to waste money on it now...
  14. M

    Hedging EUR/GBP rate

    Quick question - does anyone know which Broker will allow you to bet on currency fluctuations in the smallest increment? I currently use Cantor Index for Equities and was looking to hedge further EUR/GBP slippage for a few months on around £3000 or EUR3000 of underlying position. However, the...
  15. M

    Other Incomes

    What other income streams do the people on this forum have other than trading profits? That is to say do you own a small business or have other investments with more stable returns to tide you over in times when the trading income may be minimal (or even negative!)....?
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