Having graduated from UCL in 2019 after studying Economics, I was able to land myself in a graduate role at IG Markets; the UK’s largest OTC Derivative provider. I am currently a Sales Trader at IG focusing primarily on the Futures and Equities Dealing Desks.
A typical day in this industry will be very face paced and high intensity. I will start by going through the early morning rundown that is sent across to our teams by our market analysts. This is a key part of the morning routine to get up to speed with everything that has happened in the markets from the previous day and overnight in the Asian session. 8am is the market opening for time across Europe and it is vital that you are available and free for any clients that may call in for assistance with their trades or execution of their orders.
Throughout the day as a Sales Trader, I spend my day communicating with high value clients and executing OTC and DMA orders for them across various different asset classes, whilst also ensuring to mitigate any market risk for the firm. You need to be able to manage working in often very stressful environments due to the inherent pressure of the task at hand.
There are many benefits to working in this industry, with the most important being the sheer information you are exposed to. It is impossible to be successful within Finance without personally having a good understanding of the current market situation. As a result of that, the job trains you to always be up-to-date with any key information regarding the markets and business world in general. Furthermore, it is also a great industry to enhance your Network in, this can be through connecting with like-minded people on LinkedIn to taking part in external meetings with colleagues in other firms.
However, the biggest drawback to a job in this industry can be the work-life balance. Unfortunately, there will be days where you may be working more than your usual 8 hours a day and you can find yourself having to complete tasks on the weekend as you simply haven’t had the time to complete them during your usual working week.
Overall, it is a great industry to garner experience in and to shape yourself for a successful career in the corporate world.