Strategic/Proprietary Trading

Strategic/Proprietary Trading
The Strategic/Proprietary Trading desk leverages the Firm's capital to invest in the global markets. As a buy-side desk within a predominately sell-side Firm, this desk does not directly interact with Lehman Brothers clients. Instead, it relies on other sell-side firms in the market to provide incoming research and facilitate trade executions, acting like an internal hedge fund within the Firm.

http://www.lehman.com/careers/workatlehman/equities_div9.htm

Books for reading on quantitative trading techniques

Hedge Funds: Quantitative Insights (The Wiley Finance Series) by François-Serge Lhabitant


Pairs Trading: Quantitative Methods and Analysis (Wiley Finance) by Ganapathy Vidyamurthy

Quantitative Equity Portfolio Management: Modern Techniques and Applications (Chapman & Hall/Crc Financial Mathematics Series) by Edward E. Qian

Quantitative Trading Strategies (The Irwin Trader's Edge Series) by Lars Kestner

Applied Quantitative Methods for Trading and Investment (The Wiley Finance Series) by Christian L. Dunis

Quantitative Trading and Money Management, Revised Edition by Fred Gehm

Advanced Trading Rules, Second Edition (Quantitative Finance) by Emmanual Acar

Statistical Arbitrage: Algorithmic Trading Insights and Techniques (Wiley Finance) by Andrew Pole

Electronic and Algorithmic Trading Technology: The Complete Guide (Complete Technology Guides for Financial Services) by Kendall Kim

Quantitative Equity Portfolio Management (McGraw-Hill Library of Investment and Finance) by Ludwig B Chincarini