Brokerages & Day Trading

What is S&T? A Complete Guide to Sales and Trading in Finance

When a large investment firm needs to buy 500 million shares of a stock like Microsoft, they cannot just log into a retail app and click a button. Moving such a massive volume all at once would send the share price into a tailspin, causing market volatility and ruining the deal for everyone. Instead, these moves happen behind the scenes through a specialized division of an investment bank known as Sales and Trading.