Getting trained again.... this time its ION

Some really funny things I hvae learnt in ION's training sessions:

1. Clearing is part of Middle Office.
2. Price of bond never changes once decided.
3. We used to talk in terms of buying 100 IBM or 100 Sape, here they always talk in terms of 1 trillion xyz (Neither of us had a realistic example :) )
4. HAHAHa, read this, Future can trade on OTC. These guys are unaware of term Forwards.
5. Thre facilitator had prepared a seperate single slide PPT for his introduction (he can't even introduce himself without a PPT :) )
6. STP is used to process trades comming from two diferent streams.  WTF.
7. LIBOR is pronounced as 'Leebor' instead of 'Laibor'.
8. Agency bonds implicitly means they are Goverenment Bonds.
9. The facilitator didn't knew the difference b/w Connection Oriented and Connection Less protocols.

Mind you the facilitator says (orshows in PPT) that he has an experiance of 8yrs (2 yrs of RetailBanking rest if Financial Industry).

And I am sure there is much more to come....

Regards,
Ankush

Comments

Post a Comment

Popular posts from this blog

Data Binding in .net

Image
I have been toying with data binding in .net for quite some time now. And ever since I started working and analyzing the binding support in .net f/w 2.0, I have always been eager to know: What makes WPF data binding so great that Microsoft showcased it as the biggest driver for WPF and MVVM? Even though the data binding existed in .net framework 2.0, why didn't MS pushed for its use as it did for WPF? The INotifyPropertyChanged interface was introduced in .net framework 2.0 and was fully supported by WinForm binding engine. However, most of my fellow developers are unaware of this fact.  So the fundamental question that arise is why should one go for WPF if all we want is nice Data Binding support and it’s available in .net 2.0? The answer to this question is, MS has introduced an all new Data Bindinding engine in WPF which fixes lots of bugs of WinForm data binding, has a much improved performance. And I think this is enough for any GUI developer to consider switching to WPF
Read more

काहे की दोस्ती

जो खिलखिला के हँसी देख कर  मुझको दुखी देख कर मेरी हँसी जो हो गई चिडचिडी जो दोस्ती हो मतलब पर टिकी वो दोस्ती काहे की दोस्ती जो दारु पीने से पहले रोते रहे जो दारु पी कर भी फ़िर रो पड़े जिन जिन को हम नहीं थे पसंद उन उन से हम क्यों जा भिड़े जो बर्बादी हमारी की हसरत लिये मिलते रहे दिल में नफ़रत लिये जब ज़रुरत पड़ी तो लात मार दी दोस्ती की वो झूठी तस्वीर फाड़ दी वो वहाँ है पड़ी इज्ज़त मेरी जो दोस्तों ने मेरी पूरी उतार दी जो न आई काम समय पर कभी वो दोस्ती काहे की दोस्ती 
Read more

C# Polymorphic types conversion with Generics

Image
Polymorphism has been interviewer's  delight for ages. I have been taking interviews for quite some time.  And ever since i started preparing question on C# Polymormism, I have been getting surprises. To prepare interview questions, I try writing code, verify it and and then twist the code snippet to make it "interview-able". This blog is to highlight some of the surprises that i have got while preparing the questions.  The motive of this blog is to highlight tricky points to keep in mind while writing overloaded Functions with Generic parameter. To explain the concept, I'll start with this short code snippet and would like readers to predict the output without scrolling down to answer. Code - 1  If you know the output and the reasoning behind it, then you may leave the rest of blog as you probably are better expert than rest of my audience.  And if you are still reading this line it mean
Read more