Monday, August 20, 2007

Aac I have arrived, Day 1

Well I have arrived.

I woke up at 3am, 5am.. etc. Jetlag. But at least I was wide awake when I eventually got to work at 845am. The day is a blurr.. as do most jobs, it started slow with reading some e-mail, some docs online, some orientations and meetings. My coworker left at about 645pm. I left at 730pm. Not too bad for a bank in Tokyo but we'll see how it goes longer term.

I am situated on the fixed income trading floor*, right behind my coworker, next to our researcher, and across from our resident quant analyst. Its interesting working on a trading floor, its not as hectic as you might think, but you get to learn by osmosis of listening to 5 conversations at once since everyone sits in tight confines. From day 1 I can see there is alot I have to learn about the mbs business.

Oh one thing, I got juked. The guy who hired me in NY decided not to move to Japan! God damn, this happened to me before. Kinda sucks when the guy who hired you leaves you behind. Oh well thank god for guaranteed bonuses... otherwise I'd be getting screwed once again!

*Trading Floor
I'm not sure who devised this setup, but the idea is akin to the startup style seating that is popular at dot.com startups. Small desks in long rows with people really close to each other so that at anytime you have approximately 8 people within arms reach. The desks all have 2-6 monitors with blinking lights from Bloomberg terminals or proprietary stuff, some desks (including mine for the time being) have a massive command center like phone with 40 speed dial buttons, 2 receivers, a microphone, and other weird stuff attached to it. Other than those things its a regular workspace.


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