The Practical Guide to Wall Street By Matthew Tagliani – Instant Download!
The Practical Guide to Wall Street: Equities and Derivatives
Matthew Tagliani
DESCRIPTION
The Practical Guide to Wall Street is an essential resource for anyone aspiring to a front-office sales or trading role and a must-have reference for market practitioners or anyone interacting with this fast-paced but often misunderstood industry. Written by an experienced trader in a clear, conversational style, this book assumes no prior finance background and provides a thorough education in the core skills and knowledge of the equity and equity derivatives sales and trading business — essentially what you would learn by sitting beside traders at a top-tier Wall Street investment bank (except in real life, traders rarely have the time to explain things in such detail!).
Topics covered include:
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Clear, detailed, and intuitive explanations of all major products, including their functions, pricing, and risks — some of which are rarely explained publicly despite generating billions in annual revenue for Wall Street.
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The layout of the trading floor, the roles and responsibilities of various sales and trading teams, and how these groups collaborate to serve clients.
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An overview of the macroeconomy and a trader’s perspective on the impact of economic data releases on financial markets.
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Key concepts in fundamental valuation and financial statement analysis that are most relevant on the trading floor, rather than abstract theoretical models.
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Practical insights into the structure and functioning of equity and derivative markets, including trader jargon translations, Bloomberg tips, market conventions, liquidity considerations, and risk management.
This book offers the first comprehensive explanation of all aspects of an equities division, providing information, details, and insights previously accessible only to those working on a trading floor. By making this material available to non-professionals, it significantly raises the level of industry knowledge that employers in financial services can expect from new hires.
ABOUT THE AUTHOR
Matthew Tagliani, CFA, has more than ten years of trading and risk management experience in equity swaps, ETFs, futures, and program trading. He has worked at Morgan Stanley, Goldman Sachs, and Credit Suisse and holds a master’s degree in applied mathematics from the University of Massachusetts Amherst.
TABLE OF CONTENTS
Introduction.
Chapter 1. Equity Fundamentals (Part 1): Introduction to Financial Statements.
Chapter 2. Equity Fundamentals (Part 2): Financial Ratios, Valuation and Corporate Actions.
Chapter 3. Cash Market.
Chapter 4. Equity Indices.
Chapter 5. Program Trading.
Chapter 6. Exchange Traded Funds (ETF).
Chapter 7. Forwards and Futures.
Chapter 8. Swaps.
Chapter 9. Options 1.
Chapter 10. Options 2.
Chapter 11. The Trading Floor.
Chapter 12. Macroeconomics for Trading and Sales.
Chapter 13. Economic Data Releases.
