Entry level trading

Entry-level trading typically refers to the entry-level positions available at investment banks, hedge funds, and other financial institutions that engage in trading activities. These positions may include roles such as trading assistants, execution traders, and market makers.

The responsibilities of entry-level traders typically include executing trades, monitoring market conditions, and maintaining trading systems. They may also assist more senior traders in their responsibilities. A strong understanding of financial markets and products, as well as mathematical and analytical skills, is usually required for entry-level trading positions.

Trading Assistants: These are entry-level positions that typically involve providing administrative and operational support to more senior traders. This can include tasks such as maintaining records of trades, entering trades into systems, and helping to manage trade settlements.

Execution Traders: Execution traders are responsible for executing trades on behalf of their clients or firm. This involves making decisions on the best time and price to execute trades, as well as managing the order book and dealing with any issues that may arise during the execution process.

Market Makers: Market makers are responsible for providing liquidity to the market by continuously buying and selling a specific security or group of securities. They use their own capital to buy and sell securities, and make money by earning the bid-ask spread, which is the difference between the prices at which they are willing to buy and sell the security.

To be considered for entry-level trading positions, it is common to have a degree in finance, economics, mathematics or a similar field, and for candidates to pass relevant industry qualifications. Strong analytical, quantitative and communication skills, as well as the ability to work well under pressure, are also important.

It's worth noting that the competition for entry-level trading positions can be fierce, and many firms require candidates to have completed an internship or relevant work experience, so it is advisable to start developing your skills and building your network as early as possible.