The makings of a power trader
The research allows you to question the makeup of your existing team, question your current systems, personnel development and create a clear and effective strategy to optimise performances going forward.
Eleven opinion: It starts at school - We asked what our power traders studied. Unsurpringly we saw economics, maths and business took the lion’s share. Indeed, it goes without saying that trading requires a degree of numeracy, however, as line managers and heads of trading look to expand or diversify their teams, Eleven ask if the degree studied is important?
Should a hiring manager be looking at a suitable candidates’ traits and skills whilst looking at their education? And are there other subjects that a power trader could have studied that would benefit a growing team? Or when consolidating a team?
Have you ever thought about the qualifications your current team have? And what experience or qualities would benefit your team?
Their first role - The paper also looks at the first role the power traders had after their degree or masters. When asked what their first job was, “analyst” was top. This is no doubt because a trading analyst is a deeply trusted part of the front office team and will often influence decisions. We know some can make the step to execution but their knowledge should be second to none.
The whitepaper questions whether having analysis as well as an operations background would benefit a trading team also. It goes on to show the breakdown of roles and the varied paths power traders have taken towards becoming a power trader.
To find out more about how Eleven can help you build or grow your power team, contact us on +44 (0)1565 654 830 or firstname.lastname@example.org or via the contact us form.