A Fixed Income salesperson is normally used to describe someone who sells a variety of fixed income products which can include cash bonds and or derivatives including fixed income structured products (packaged investment products normally combining a bond with a derivative based payout on a stated underlying). Most salespeople specialise in one area but a generalist can leverage the overall fixed income capital markets infrastructure.
A fixed income salesperson will normally not engage in equity-based transactions but can also represent currencies and or commodities. A typical bond salesperson will have a broad understanding of fixed income markets as well as some experience in either dealing with retail, high net-worth and or institutional clients. Deal sizes can be quite large if dealing with institutions and the success can be measurable on a daily basis.
Whilst every care has been taken to ensure the accuracy of this information at the time of posting, the information is intended as guidance only. It should not be considered as professional or legal advice.