Sales, Trading and Quantitative Analysis

What Is Sales, Trading and Quantitative Analysis?
Sales and Trading
Our Institutional Clients Group provides Sales and Trading services to clients around the world while conducting proprietary trading for the Firm’s own accounts. Our sales force provides a critical link between the Firm's customers and the marketplace. These professionals identify client needs and convey them to the Firm's trading, research, syndication and finance experts. Traders work closely with the salespeople, who constantly supply them with information on investors' activities, appetites and interests. In trading, integration is key to successful performance. The close collaboration of traders with salespeople and professionals from other departments allows Citi to meet the needs of our clients creatively.
Quantitative Trading and Analysis
The Markets Quantitative Analysis department plays a vital role in the Institutional Clients Group because of the information they provide and the skills they possess. Professionals spend a significant amount of time speaking directly with clients to discuss specific ideas, as well as bigger-picture themes. They build tools and models that assist traders and clients in pricing, hedging, and structuring securities, and provide critical information and advice for managing risk throughout the firm.
The role of our quantitative trading desks and the successful integration of quantitative methods with trading takes on a greater significance as products in the financial markets become more sophisticated and proprietary trading risks increase. The rise in prominence of proprietary trading has also led to the development of increasingly sophisticated trading techniques designed to identify market inefficiencies in Statistical Equity Arbitrage, Fixed Income Arbitrage, and Municipal Arbitrage.
Sales, Trading and Quantitative Analysis at Citi
Citi professionals continuously provide market intelligence and liquidity to a wide array of institutions ranging from traditional mutual funds investing primarily in equities to alternative investment vehicles investing across the capital structure. Citi employees must be both in touch with the pulse of the market as well as cognizant of longer-term trends. Whether it's a split-second trading decision or in-depth analysis as part of a complicated transaction, our goal remains concise and simple: to provide value to the investment process of our clients.
How Are We structured?
Equity Sales & Trading
A) Equity Cash Businesses

Institutional Equity Sales
Cash Sales Trading
Position Trading
Portfolio/Program Trading

B) Equity Derivatives

Equity Derivative Sales & Research
Equity Derivative Trading & Structuring
Convertible Bonds

C) Equity Prime Brokerage

Fixed Income Sales & Trading
A) Commodities (Houston)
B) Credit

Investment Grade
High Yield
Distressed
Global Loans
Structured Credit

C) Emerging Markets
D) Foreign Exchange
E) Global Securitized Markets
F) Interest Rate Products

U.S. Treasury
Supranational, Agencies and Sovereigns Trading
Derivatives

G) Municipals
H) Prime Finance