The Trade Lifecycle

Robert Baker demystifies the modern world of finance. Using straightforward language, this book explains the basics of why people trade, describes financial products and what they mean to the man on the street. Read this book to understand exposure, risk and all aspects of the trade lifecycle. Highly recommended for anyone about to embark on a career in banking. You will see behind the scenes where researchers, traders, analysts, accountants, sales staff, IT workers all interact to keep the wheels of this extraordinary industry turning. -Phil Dickinson, Consultant IT Project Manager, Financial Services In common with many industries, Investment Banking has its own 'language', the exclusivity of which can place barriers to understanding, development, and partnership. This book provides a clear walkthrough of the trading lifecycle and, along the way, sheds light on terms and jargon. Through Baker's experience, readers are afforded a sound understanding of the 'what' and the 'why' behind each stage of the process. Highly accessible, this book is 'recommended reading' for those seeking an informative, and enjoyable, introduction to the subject. -Wendy Redshaw, Managing Director - CIO Knowledge Visualisation