How does the sales and trading department of an investment bank make money?
I'm an intern at an investment bank in China in the future index department. This is a relatively new concept in China seeing as how the future index was born three months ago here. I thought that maybe knowledgeable business people in the US may have more insight. Other than through transaction fees and financial products, how can an up and starting department in the futures index make money?
Investing - 1 Answers
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By having traders that trade with the firms money leveraged, actually making gross profit on trades they make themselves, whether it be intraday traders or ones that buy and hold for a longer period of time. Portfolio management can also be profitable, profits coming from different types of commission as well as fees. I hope this helps, good luck.
