The "Trading" part of S&T has been explained here. What about the "Sales" part?

<p>noremorse - a way in would be through a back door. You could try to get in by doing operations or middle office first, then when the market is good ask someone in sales to give you a chance. I have seen it happen often. This was a year some firm couldn’t get enough salespeople after they fired so many last year. I will say it again that it is not an area I would encourage my college age kid to go into. I would rather if she did investment banking, corporate finance, or M&A. I am seeing too many middle aged institutional salespeople with no future employment prospect.</p>