BFAM Partners
"The Company"
"Traits they are looking for"
My Experience with users
"Passion For Tech"
"Structured, clear presentation"
"Manage Traders"
"Good Team Player"
"Can Work Independently"
"Willingness to learn"
Tech
"The Job"
"Multi Strategy"
"Volatility"
"Equity & Convertibles"
"Credit" / Debt
"Rates & FX"
Hedge Funds
"Working across all business ares"
"Gather requirements"
"First line support"
Supporting platforms
"order execution"
"Position Management"
"risk"
"operations"
"finance"
"straight through processing"
"work with difficult users"
"practive / independant"
"takes ownership"
Tech
Java
C/C++
VB/VBA
C#
bash/perl
JavaScript
Options
Call
Put
Buying a Call - Right to buy at certain price
Selling a Call - Obligation to Sell at certain price
Buying a Put - right to sell at certain point
Selling a Put - obligation to buy at certain price
Convertible Bonds
Coprorate bonds that investors can convert
into issuers common stock (normal shares)
Coupon on bond normally a bit lower as a result
Investors - priority given to conv bond holders over share holders (dividends)
"What is the credit/debt market"
- "Markets in which debt instruments are traded"
- Debt instruments, assets that require fixed payment to holder (usually with interest)
- Examples include bonds (govt/corporate), mortgages
Bond Market
- You lend money to govt/corporate in exchange for a bond with an interest rate
- If interest rates go up, then the price of the bond that you bought will go down. This is because your bond is paying less interest that what you can now get
click to edit
Looks like they
buy puts/calls
Trading the future volatility of an instrument rather than the actual instrument itself
(XIV, XXX)
"High Interest Loans"
Inverse Trades (inverse of the market)
Codeaholics
DZONE
Certifications
Home Projects
CT
click to edit
Upcoming Projects
Current Structure
Expansion