Tuesday 7th July 2009

It was a pretty busy day today. I made a few mistakes today. Have 4 trades that I was unable to ensure that settlement be done today. I fail to ensure that the Stock Loan Team settled all their transactions and get covers for deficits for the settlement for the equity trades.

I would say I am at a pretty sensitive position. To ensure that equity trades be settled accordingly and not overstepping my barriers to ensure that Stock Loan team does their work. Apparently, they check the positions but I am not sure how they check and based on what clientele. By the time, I wait for their reports, I only have 5 mins to call my front desk and get the necessary details out for cover and get Stock Loan Team to process it. Don’t forget, I also have to analyse positions across 2 entities and decide on the best course of action. I admit I am a bit slow in analysing the positions. Its challenging for me I would say but I hope to fare better…

Pretty tired today.. so wont blog much..

Danke,

3rdteen