In this article, Isaac FAINSTEIN, Director at Petrini Valores and Visiting Lecturer at IESEG School of Management (Lille), shares his professional experience as a trader in illiquid fixed income and emerging markets — and what practitioners know that most finance courses never cover. About Petrini Valores Petrini Valores is an Argentine broker-dealer specializing in fixed … Read more
In this article, Abel ARAYA (ESSEC Business School, Master in Finance, 2025) offers an inside look at the Markets COO Office at HSBC Continental Europe. Through his one-year apprenticeship, he shares how this central function coordinates trading activities, manages budgets and risks, and ensures that the Markets division operates with efficiency and strategic discipline. About … Read more
In this article, Abel ARAYA (ESSEC Business School, Master in Finance, 2025) shares his experience on HSBC’s trading floor in Paris. He explains how this opportunity helped him understand how a global markets division operates, how teams interact, and what makes the environment of a trading floor so unique. From private banking to markets Before … Read more
In this article, Marco SIMONETTI (ESSEC Business School, MSc in Finance, 2025-2027) shares his experience as an Off-Cycle Sales & Trading Derivatives Intern at Banca Monte dei Paschi di Siena in Milan. The internship gave me direct exposure to how a corporate and investment banking desk transforms market information into practical hedging and trading solutions … Read more
In this article, Anis MAAZ (ESSEC Business School, Global Bachelor in Business Administration (GBBA), 2023-2027) explains how algorithmic trading works, from rule-based strategies like market making, arbitrage, and momentum to modern machine learning models and the systems that run them. The goal of this post is to give a clear, realistic overview of today’s algo … Read more
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
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 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
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 des algorithmes de trading haute fréquence (THF) ou High Frequency Trading (HFT). … Read more
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
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 founded in 1979 in Santiago, Chile, under the … Read more
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
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
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
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 computerized trading has carried this … Read more
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
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
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
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. Similarly, a trader … Read more
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
