The Trade Lifecycle: Behind the Scenes of the Trading Process (The Wiley Finance Series) Review
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(More customer reviews)Having worked with Robert in the past I purchased this book more as an act of solidarity than because I felt it would have any real relevance for me but I couldn't have been more wrong.
After contracting in investment banking for my entire career, latterly as a senior software developer, I had always struggled with the fact that I was offered little guidance as to the instruments with which I was expected to work and the processes with which my work integrated; after reading Robert's book I can safely say my accumulated experience of 14 years in finance has finally been given a voice.
Robert has managed to condense a lifetime of expertise and study into an eminently readable introduction into the frequently oblique world of investment banking as viewed from the perspective of an individual trade; from asset class descriptions in layman's terms to discussions of the Greeks to an all-encompassing perspective on the multitude of potential risks engendered in a trading environment this book has provided me with a perspective that all my years in banking singularly failed to do.
Although of less relevance to me as it covered ground with which I was already comfortable I have to also mention the chapters on IT and system development which should be required reading for any Luddite business types who harbour the illusion that code writes itself.
Highly recommended.
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