Books on banking

[PorkPie]

Try hull for derivatives: Options, Futures and Other Derivatives: Amazon.co.uk: John Hull: Books (also covers risk)

Valdez for an intro: An Introduction to Global Financial Markets: Amazon.co.uk: Stephen Valdez, Philip Molyneux: Books

[aussielong]

PS I always liked Hull myself

WHS but its not an introductory text.

Someone who wants to understand front office is best off getting an excellent grasp of compound interest and probability.

[russell]

That's a bit rough, shopping your old mates once you have taken your profit and moved on!

I'm sure HMRC had that one figured out.

[aussielong]

Yip, but its a crap life. Most of the guys there are an IR35 time bomb too. None are "own business" they all do what they are told, that's the way it is. And many have been there for 3, 4, 5 + years. If HMRC want to hurt contractors they should just visit the IBs.

Personally I'm now getting IB rates outside of IB and couldn't be happer!

That's a bit rough, shopping your old mates once you have taken your profit and moved on!

[sasguru]

They are basically psychopaths who gamble.

The 1% are the very best destroyers of*wealth the world has ever seen | George Monbiot | Comment is free | The Guardian

I've often wondered why anyone would listen to journalists who haven't owned or created a business ever, or had a real job, pontificating about business and the economy?

[BrilloPad]

Specifically front-office (risk etc)

Can someone remind me if vega is named after Las Vegas and because it measures how vague the price is?

PS I always liked Hull myself

[BrilloPad]

I'd like to know a bit more detail on how the "customers" do their work..

They are basically psychopaths who gamble.

The 1% are the very best destroyers of wealth the world has ever seen | George Monbiot | Comment is free | The Guardian

[oversteer]

I am working at a supplier to various banks. Basically they do outsourced software for monitoring trades, risk and controlling trading platforms. I'd like to know a bit more detail on how the "customers" do their work..

[Jeebo72]

I worked in banking in my last contract but found it boring and full of characters I would prefer not to spent a large part of my waking life around. Much happier with current contract outside banking.

Or as most call them back stabbing to55ers. Never been in an industry where everyone is so blatantly bad mouthing everyone else "behind their back". Still, you get good rates

[russell]

Yip, but its a crap life. Most of the guys there are an IR35 time bomb too. None are "own business" they all do what they are told, that's the way it is. And many have been there for 3, 4, 5 + years. If HMRC want to hurt contractors they should just visit the IBs.

Personally I'm now getting IB rates outside of IB and couldn't be happer!

I worked in banking in my last contract but found it boring and full of characters I would prefer not to spent a large part of my waking life around. Much happier with current contract outside banking.

[Jeebo72]

Which area are you in fixed income, derivatives etc? Best to focus on one area and become a Guru, then the £$ will follow. (So I'm told)

Yip, but its a crap life. Most of the guys there are an IR35 time bomb too. None are "own business" they all do what they are told, that's the way it is. And many have been there for 3, 4, 5 + years. If HMRC want to hurt contractors they should just visit the IBs.

Personally I'm now getting IB rates outside of IB and couldn't be happer!

[Jeebo72]

Specifically front-office (risk etc) but with a broader scope i.e. explaining some of the basics too

Any recommendations?

Been working here a while but need to learn more

When there they usually have loads of free books available explaining it all. Where you working? Or are you looking for a way in?

[russell]

Specifically front-office (risk etc) but with a broader scope i.e. explaining some of the basics too

Any recommendations?

Been working here a while but need to learn more

Which area are you in fixed income, derivatives etc? Best to focus on one area and become a Guru, then the £$ will follow. (So I'm told)

[SimonMac]

[oversteer]

Specifically front-office (risk etc) but with a broader scope i.e. explaining some of the basics too

Any recommendations?

Been working here a while but need to learn more