I have a serious question and I am hoping I will get good response as I believe at least some of us have done this in the past or doing it now. Tomorrow is the deadline and Its really important for me. I am trying to learn a trading system and how it works like all the banks (UBS, Credit suisse, RBS are the ones i know who do but there are many i know) or Financial Institution do like buying and selling, stocks, fixed incomes, bonds and other different securities. So basically how trading works?? i mean start to end with an example would be really helpful And if anybody have worked on the Trading support role then what is basically we have to do in that and what kind of issues and challenges we will have. I think we have to deal with FIX messages and all so what I need to know about FIX messages?? I am an IT person not a financial so I am not good at that but I do have some ideas and little bit of Financial terms but I am trying to learn a detail steps.
gc1488 · Jan 10, 2010 12:54 AM · 20,542 views
deadline for what ?
copycat · Jan 10, 2010 1:38 AM
Deadline for me of course I mean, otherwise I will run out of opportunity.
gc1488 · Jan 10, 2010 2:34 AM
Run out of opportunity ? You IT guy and trying to learn trading system for what?? You have exam? or Job interview? http://en.wikipedia.org/wiki/T...
ANS · Jan 10, 2010 8:29 AM
Oh! I know what you are saying. The Financial company wants you to hire as a Trading Rep to do work on FIX protocol. But here is the thing, at my work, we hire people with little IT skills but strong background on finance or accounting for this position. BUT if you have lied on your resume to get this job, like you are an IT expert and knows about Financial stuff, then you will be trouble. This job requires to know 90% financial terminology and complicated financial trading issues of a client and you update, connect, rewrite the problem and forward to senior Trading Specialist Rep. Practically, I have not done this job but since I work in HR Dept I have little knowledge of it. I hope this is what you are referring to as a " serious reply". Last edited: 10-Jan-10 09:56 AM
Sexy In Sari · Jan 10, 2010 9:38 AM
busted... work hard bro. dont take shortcuts in life or u will again be in similar situation!
subav · Jan 10, 2010 11:28 AM
Can't find a better example of irony than SIS working in HR. gc1488, trading requires sound understanding of finance and accounting. I would suggest looking for schools rather than answers on Sajha.
Just Sayin · Jan 10, 2010 11:35 AM
Lahure Kancha · Jan 10, 2010 11:42 AM
Lahure g8 job .....thx for posting . this is +ve nature ... g8 works . Others if u can not help please be quite just or help wht gc1488 needs rest wht is there will happen .... at least in his work place he can say something. now based on lahure input. gc1488... good luck do u best. I know u can get this done. work hard nd give us the happy news.
BetterNepal · Jan 10, 2010 12:31 PM
Thanks alot to those who replied specially to Lahure Kaancha and better Nepal Thanks a TOn. I really appreciate you guys help But seems like some people dont know when I said Serious Replied means Its serious Replies only Yeah Its for Job for those who asked me, I haven't have done that kind of works in the past but I have done support in different other companies and I know how it works. Just wondering how it works in Financial companies and all What kind of issues they have specially in the production support role coz scenario always helps as I can give examples relating to that. If any of you who is thinking I am not working from my side you are wrong I am looking and researching too just I thought real time experience might help me better. I have seen people here who were pretending to be a good trader or may be they are I am not sure so I was thinking people do have good knowledge of the thing I am looking for. Anyway, I am waiting for more replies and Im hoping i will get some more input, I am really satisfied with the process Lahure Kaancha posted. So is there anyone who knows you can even email me, and we could talk may be if any nice people out here who is willing to help. DHYANYABAD
gc1488 · Jan 10, 2010 2:55 PM
I hope there is at least someone who can help you. best of luck
micky_micky · Jan 10, 2010 10:48 PM
hey gc1488, u need to be thankful to all the people who commented on this thread including me.. coz they are one who helped to keep your thread alive and heated.. otherwise your thread would already have been out of sight.. hahaanyways Gud luck for ur job...
syal · Jan 11, 2010 12:51 AM
your definition of "serious" seems to be trying to be spoonfed the information. don't blame other ppl for not owning up and answering your question "promptly". as a sidenote, what research have you done yourself? plz tell us. And I don't see jest in any of the replies except one.
GuitarDaku · Jan 11, 2010 2:46 PM
Easy. Step 1: Understand the technical implication. There are myriads of books dedicated to fundamental trading software architectures, from the proprietary to universally accepted standards, readily available from your local library. Step 2: Understand the finance function. Learn the role of a trading desk within a brokerage house and how it interacts with all the stakeholders - front office, middle office, back office (your support role), and externals - buy side firms for example. Be swift with the financial trading jargons, i.e. settlement of plain vanilla swaps Step 3: Understand how technology (step 1) enables business (step 2). The criticality of financial systems, as you may know, is directly tied with monetary values. Any downtime during production has disastrous outcome. As you are an IT person beckoning with production support skills, you should fully understand SDLC, project specific methodologies and processes, and more importantly the criticality of the business impact (step 2) if the underlying code/configuration should fail (step 1). Once you complete these steps - then you can go into vendor specific technologies: TIBCO, SeeBeyond, WebMethods, and standards: CORBA (old but sill out there), SOA, Cloud Computing (brand spankin' new) to get more in-depth understanding of their implementation and offerings. -JB Note: I am not an IT person (although I had a very short stint writing code once). I have run into tech gurus/honchos while developing strategy bus cases and conducting firm valuations, who just love to explain technical stuff with their never-ending squiggly lines on a whiteboard to non techs like me. Last edited: 12-Jan-10 05:21 AM
JavaBeans · Jan 12, 2010 5:16 AM
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