What is institutional equity sales and trading
They do, do they? That must be why they're such a dominant global power. I guess it could involve new offerings, but generally, it does not. Though everything is public info, like.. To the OP, Alucards answer is the best. You asked a broad question and you got a broad answer. The answer to your second question is it could be all of the above, i.
Skip to main content. Be prepared with Kaplan Schweser. Feb 4th, What exactly is Institutional Equity Sales? Alucard Feb 4th, Is it products or strategies or asset allocations etc.. The Sales component refers to the investment bank's sales force, whose primary job is to call on institutional and high-net-worth investors to suggest trading ideas and take orders.
Sales desks then communicate their clients' orders to the appropriate trading desks , who can price and execute trades, or structure new products that fit a specific need. The sales and trading function will also typically employ financial analysts that provide trading strategy advice to external as well as internal clients to support sales and trading.
This strategy often affects the way the firm will operate in the market, the direction it would like to take in terms of its proprietary and flow positions, the suggestions salespersons give to clients, as well as the way structurers create new products.
Banks seek to maximize profitability for a given amount of risk on their balance sheet. The necessity for numerical ability in sales and trading has created jobs for physics, math and engineering Ph. From Wikipedia, the free encyclopedia. The Investment banking handbook: John Wiley and Sons, Corporate finance and investment banking. At-the-market offering Book building Bookrunner Corporate spin-off Equity carve-out Follow-on offering Greenshoe Reverse Initial public offering Private placement Public offering Rights issue Seasoned equity offering Secondary market offering Underwriting.
Debt restructuring Debtor-in-possession financing Financial sponsor Leveraged buyout Leveraged recapitalization High-yield debt Private equity Project finance.