1. Personas
  2. Hedge Funds
  3. Trading
  4. High Frequency Trading / Prop Trading
  5. Corporates / Credits

Persona

Corporates / Credits.

Configures corporate credit instruments, assess issuer risk, and manage spread exposure in hedge funds

Software spend $70,000 / seat / yr

What this role actually does

Responsibilities and pain points, sourced from the production graph.

Software pain points

  • Fragmented order, quote, fill, and market-data histories make incident replay slow
  • Tail-latency regressions appear only during peak market events
  • Market-data entitlements and non-display usage are tracked manually
  • Compliance alert review lacks trader context
  • Venue certification and FIX changes consume scarce engineering time
  • P&L explain depends on spreadsheets after the close

Workflow

A day in the workflow.

The trading day starts before the local market open with overnight P&L, venue notices, borrow or funding changes, and feed-health checks in Bloomberg Terminal, LSEG Workspace, Grafana, and internal blotters. During live markets the trader watches order flow, risk limits, queue position, and exception alerts while coordinating with quant and operations peers over Slack or voice. After the close, the desk reviews fills versus arrival price, explains P&L, investigates rejects or surveillance alerts, and records parameter or strategy changes in controlled systems before the next session.

See PYRAMYD answer a live question for the Corporates / Credits role.