Q)Match each function to the correct role:
>Sales >Cover clients own the relationship that the Bank has with the buy-side
>Trading >Will always have a bid/offer for all securities
>Research >Provide in-depth analysis on potential trade ideas for Buy-Side clients
Answers
Explanation:
Buy-Side vs Sell Side. The Buy Side refers to firms that purchase securities and includes investment managers, pension funds, and hedge funds. The Sell-Side refers to firms that issue, sell, or trade securities, and includes investment banks, advisory firms, and corporations. Sell-Side firms have far more opportunities for aspiring analysts than Buy-Side firms usually have, largely due to the sales nature of their business.
When talking about investment banking, it is important to know the difference between the buy-side and the sell-side. These two sides make up the full picture, the ins and outs of the financial market, and both are indispensable to each other:
Buy-Side – is the side of the financial market that buys and invests large portions of securities for the purpose of money or fund management.
Sell-Side – is the other side of the financial market, which deals with the creation, promotion, and selling of traded securities to the public.