For a company every boardroom, at some point during the course of its tenure, has the inescapable tendency to become a boredroom. But like every mandated law of history this one too comes with its perceptible exception.
For a neophyte, the future workplace is made up of some delusions, notions and some rumours: A keyed up floor with more business suits than bodies shouting at scrollers, screens showing an array of charts and graphs with the symbolic red and green arrows with traders earnestly entering triple decimal point figures on systems. This is what the movies and TV shows make all of us visualize, or at least to unacquainted apprentices. But where I did my internship it was forexclusive.
Lets think of the treasury as a business picnic at the most teeming of all green grounds: Bloomberg. Placing a purchases order on the cart and then switching it for a plain vanilla optionworth at least a thousand millions with a rather relaxed option of making balloon payments. But when the bid and ask gets hostile, the nearby volatile Middle Eastern lake ripples with coarse effects of dark pool liquidity with black swan testing and continuous daisy-chain effects all along the brim of the economically-dominating waters. The golden parachute in the near sight lifts the anxiety above ground, at least momentarily. And when the sun starts to yawn and settle into sleep, the Japanese candlestick charting will bring the stars into light. And then its all about how you want to come: long or short, depending on your spread.
Don’t get mistaken though. Its not anything like a picnic.
In layman’s language, treasury business is unceasing, interminable and needs almost painful amounts of single-mindedness, and while multi-tasking. The magnifier has to be constantly adjusted to track on market rates, economic conditions, political announcements, world scenarios while zooming in to the business needs and agendas. And no matter how much we deny and defy it, emotions always find that minuscule margin and lever up the negotiations.
And while all this happens during successive blinks, the entire work will rollover to the next awaiting period for another sucker’s rally.
For a neophyte, the future workplace is made up of some delusions, notions and some rumours: A keyed up floor with more business suits than bodies shouting at scrollers, screens showing an array of charts and graphs with the symbolic red and green arrows with traders earnestly entering triple decimal point figures on systems. This is what the movies and TV shows make all of us visualize, or at least to unacquainted apprentices. But where I did my internship it was forexclusive.
Lets think of the treasury as a business picnic at the most teeming of all green grounds: Bloomberg. Placing a purchases order on the cart and then switching it for a plain vanilla optionworth at least a thousand millions with a rather relaxed option of making balloon payments. But when the bid and ask gets hostile, the nearby volatile Middle Eastern lake ripples with coarse effects of dark pool liquidity with black swan testing and continuous daisy-chain effects all along the brim of the economically-dominating waters. The golden parachute in the near sight lifts the anxiety above ground, at least momentarily. And when the sun starts to yawn and settle into sleep, the Japanese candlestick charting will bring the stars into light. And then its all about how you want to come: long or short, depending on your spread.
Don’t get mistaken though. Its not anything like a picnic.
In layman’s language, treasury business is unceasing, interminable and needs almost painful amounts of single-mindedness, and while multi-tasking. The magnifier has to be constantly adjusted to track on market rates, economic conditions, political announcements, world scenarios while zooming in to the business needs and agendas. And no matter how much we deny and defy it, emotions always find that minuscule margin and lever up the negotiations.
And while all this happens during successive blinks, the entire work will rollover to the next awaiting period for another sucker’s rally.