Equity Sales v Sales Trader

CFA General
#1

I have seen some firms have both of these departments. I always though they did the same thing. What is the major differences? Thanks for input…

#2

We have both. One just does sales, one does sales + trading. Equity sales will travel more since they don’t have to be at the trading desk 24/7. They don’t have to get in as early during the day.

#3

So a sales trader works on the desk next to the trader, while an equity sales person is mostly traveling to clients to work relationships and generate trading activity?

#4

Equity Sales = tall 25 year old blondes or brunettes with big b00bs Sales Trader = 40 year old Italian mother of 4 from Staten Island with beat up face who answers phones all day

#5

iheartiheartmath Wrote: ------------------------------------------------------- > Equity Sales = tall 25 year old blondes or > brunettes with big b00bs > Sales Trader = 40 year old Italian mother of 4 > from Staten Island with beat up face who answers > phones all day Gotha…Same basic job of selling firms equity products, just different approach?..same comp?

#6

JohnnyMarr Wrote: ------------------------------------------------------- > So a sales trader works on the desk next to the > trader, while an equity sales person is mostly > traveling to clients to work relationships and > generate trading activity? Our firm has no traders, our sales traders do the trading. After work they entertain clients to work relationships and generate trading activity. An equity sales person’s sole job is to work relationships. Also, they work more on cross-selling between lines of businesses, getting new business, etc. I <3 Math has it somewhat correct, however many of our sales traders are tall 25 year old blondes as well.