Breaking into the Wall Street world is no easy feat. It's especially difficult for young people and students with non-traditional backgrounds and little finance experience.
Michael Ventura was once one of those students.He is now a director in equity capital markets at RBC Capital Markets.
"Be knowledgeable and be up to speed on current affairs. Read the Wall Street Journal or the New York Times every day, cover to cover," Ventura said. "Absorb every section." Yes, that even means the style section. Staying abreast on the forces that drive business on Wall Street is important, according to Ventura, but knowledge of more commonplace points of conversation is equally important. This, he said, will help young Wall Streeters over the course of their entire career.
"Reading will help young employees become well-rounded individuals which means, if they meet my wife after work and she tells them she works in the fashion business, they’ll be able to engage with her and contribute insightful or meaningful comments, and that's very valuable," Ventura said. "It shows maturity, it shows they will succeed in client-facing situations, and it engenders loyalty and a sense of community."
Bloomberg Pro Terminal
Trader Bozhidar Arabadzhiev
25 Canada Square, Level 33, office 50, Canary Wharf London, E14 5LQ +44 20 3608 6256
World Financial Markets - 0700 17 600 Varchev Exchange - 0700 115 44
Varchev Finance Ltd is registered in the FCA (FINANCIAL CONDUCT AUTHORITY) with a passport in the United Kingdom: FCA, United Kingdom - registration number: 494 045, which allows provision of financial services in the United Kingdom.
Varchev Finance Ltd strictly comply with the statutes of the European directive MiFID (Markets in Financial Instruments). targeting increased efficiency, transparency and uniformity of financial instruments.
Varchev Finance Ltd is authorized and regulated by the Financial Supervision Commission - Sofia, Bulgaria: License number RG-03-02-05 / 15.03.2006
The information on this site is not intended for distribution or use by any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63,41% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.