October 17, 2014
Life On The Sell Side: Market Making, Structuring And Beyond
"Bulls Make Money, Bears Make Money, Pigs Get Slaughtered." Testing the waters that is the trading floor is nothing short of thrills and exhilaration. As a summer analyst at Bank of America Merrill Lynch (BAML) Sales and Trading division, Hanh Nguyen learned about the capital markets with Merrill Lynch's most important trading desks through intensive shadowing and project assignment. In assistance of derivatives group, she studied various offerings of a new insurance product, namely Equity-Indexed Annuities, identified differentiators, re-created contract scenarios, and compiled exhaustive summaries to help the team structure bespoke solutions to insurance issuers. Hanh also developed and presented her own trade ideas in equity derivatives and asset-backed securities space to an audience of traders and salespeople. In the panel, Hanh will discuss her summer experience at BAML and provide an overview of the sell-side role in securities trading.