Search Results for: trading

Valuation in Niche Sectors: Using Trading Comparables and Precedent Transactions When No Perfect Peers Exist

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In this article, Ian DI MUZIO (ESSEC Business School, Master in Finance (MiF), 2025–2027) discusses how valuation practitioners use trading comparables and precedent transactions when no truly “perfect” peers exist, and how to build a defensible valuation framework in Mergers & Acquisitions (M&A) for hybrid or niche sectors. Context and objective In valuation textbooks, comparable … Read more

The Business Model of Proprietary Trading Firms

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In this article, Anis MAAZ (ESSEC Business School, Global Bachelor in Business Administration (GBBA), 2023-2027) explains how prop firms work, from understanding their business model and evaluation processes, to fee structures and risk management rules. The goal is not to promise guaranteed profits, but to provide a transparent, realistic overview of how proprietary trading firms … Read more

Real-Time Risk Management in the Trading Arena

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Real-Time Risk Management in the Trading Arena In this article, Vardaan CHAWLA (ESSEC Business School, Master in Strategy and Management of International Business (SMIB), 2020-2023) shares a case study on real-time risk management in the trading arena. As an individual investor venturing into the dynamic world of financial markets, it’s crucial to understand and implement … Read more

Le règne des Algorithmes de Trading Haute Fréquence : Bénéfices et Risques

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Le règne des Algorithmes de Trading Haute Fréquence : Bénéfices et Risques Dans cet article, Eya FARHOUD (ESSEC Business School, Grande Ecole – Master in Management, 2023-2026) explique les bénéfices et risques du Trading Haute Fréquence (THF). Introduction Depuis les dernières décennies, les marchés financiers ont été témoins d’une révolution silencieuse mais omniprésente : l’avènement … Read more

Trading strategies based on market profiles and volume profiles

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In this third article on a series on market profiles, Michel Henry VERHASSELT (ESSEC Business School – Master in Finance, 2023-2025) explains trading strategies based on market profiles and volume profiles. Introduction We have defined and seen illustrations of all the key concepts related to both market profiles and volume profiles. Let us now look … Read more

Discovering the Secrets of a Bank Trading Room

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Discovering the Secrets of a Bank Trading Room In this article, David GONZALEZ (ESSEC Business School, Global BBA, 2023-2024) delves into the amazing yet often concealed aspects that frequently transpire within different bank trading rooms. This investigation is rooted in his experiences at Banco Industrial y de Comercio Exterior (BICE). BICE Bank BICE Bank was … Read more

My experience as a trading floor intern at CIC Market Solutions

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In this article, Tanguy TONEL (ESSEC Business School, Global BBA, 2019-2023) shares his professional experience as an intern at the Bordeaux trading floor of CIC. About CIC Market Solutions Logo of the CIC Market Solutions. Source: CIC Market Solutions My internship I joined the trading floor of CIC Sud-Ouest (the South-West branch of CIC) which … Read more

Can technical analysis actually help to make better trading decisions?

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In this article, Theo SCHWERTLE (Maastricht University, School of Business and Economics, Bachelor in International Business, 2023) explains how technical analysis can actually help to make better trading decisions (or not). Market efficiency Let’s take a look at the different levels of market efficiency and their implications for a trader. The efficient market hypothesis (EMH) … Read more

The Psychology of Trading

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In this article, Theo SCHWERTLE (Maastricht University, School of Business and Economics, Bachelor in International Business, 2023) explains how behavioral biases can influence trading of market aprticiapnts. Behavioral biases of investors In complex decision environments, people use basic judgements and preferences to simplify the scenario rather than adhere to a strictly rational approach. This use … Read more

High-frequency trading and limit orders

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High-frequency trading and limit orders In this article, Clara PINTO (ESSEC Business School, Master in Strategy & Management of International Business (SMIB), 2020-2023) explains about high frequency trading in a dynamic limit order market. What is High-frequency trading (HFT)? While the adage “time is money” applies to almost all economic operations, the rapid spread of … Read more

Strategy and Tactics: From military to trading

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Strategy and Tactics: From military to trading In this article, Clara PINTO (ESSEC Business School, Master in Strategy & Management of International Business (SMIB), 2020-2023) shares her insights as a former military analyst on strategy and tactics applied to trading. IRSEM: The Institute for Strategic Research at the Military School Created in 2009, IRSEM is … Read more

Understanding the Order Book: How It Impacts Trading

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In this article, Federico DE ROSSI (ESSEC Business School, Master in Strategy & Management of International Business (SMIB), 2020-2023) talks about the order book and explains its role in financial markets. Introduction Understanding the order book is critical when it comes to trading in financial markets. In this article, we’ll go over what an order … Read more

My experience as an Oil Analyst at an oil and energy trading company

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In this article, Youssef LOURAOUI (Bayes Business School, MSc. Energy, Trade & Finance, 2021-2022) shares his experience as an oil market analyst during a summer internship at Petroineos Trading Ltd. About the company Petroineos is a joint venture between PetroChina International London (PCIL) and the INEOS Group for refining and energy trading. PetroChina is one … Read more

Momentum Trading Strategy

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Momentum Trading Strategy This article written by Akshit GUPTA (ESSEC Business School, Master in Management, 2019-2022) explains the momentum trading strategy. Introduction The momentum trading strategy is a strategy where a trader buys a security when its market price starts to rise and then sells it when its price seems to have reached a top. … Read more

Quick review on the most famous trading frauds ever…

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In this article, Louis DETALLE (ESSEC Business School, Grande Ecole Program – Master in Management, 2020-2023) reviews on the most famous trading frauds ever… Jerôme Kerviel and Société Générale In 2008, the French bank Société Générale announced having been defrauded by one of its traders, Jérôme Kerviel whom you might have heard about. This fraud … Read more

Understanding Options and Options Trading Strategies

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In this article, Luis RAMIREZ (ESSEC Business School, Global BBA, 2019-2023) discusses the fundamentals behind options trading. Financial derivatives In order to understand and grasp the concept of options, knowledge of what is a derivative should be established. A financial instrument derivative is ultimately an instrument whose value derives from the value of an underlying … Read more

Social trading

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Social trading In this article, Daksh GARG (ESSEC Business School, Master in Strategy & Management of International Business (SMIB), 2020-2021) explains how social networks and online communities have led to emergence of new way of trading called social trading. This article answers the following questions: What is social trading? What are the platforms on which … Read more

Trend Analysis and Trading Signals

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In this article, Jayati WALIA (ESSEC Business School, Grande Ecole Program – Master in Management, 2019-2022) presents an overview of trend analysis and trading signals in stock price movements. This post is organized as follows: we introduce the concept of trends used in technical analysis and its link with support and resistance price levels used … Read more

Carbon Trading

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In this article, Anant JAIN (ESSEC Business School, Grande Ecole Program – Master in Management, 2019-2022) talks about Carbon Trading. Introduction Carbon trading is a market-based system focused on alleviating greenhouse gases, particularly carbon dioxide which is emitted by burning fossil fuels. Carbon trading is essentially the purchasing and selling of credits that allows a … Read more

High-frequency trading: pros and cons

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High-frequency trading: pros and cons In this article, Shruti CHAND (ESSEC Business School, Grande Ecole Program – Master in Management, 2020-2022) elaborates on the concept of high-frequency trading. This read will help you get started with understanding high-frequency trading and how it is practiced in today’s world. What is it? As the name suggests, the use of computer programs to … Read more