Work based learning - Essay Example

The sales function would include the buying and selling of derivatives and other financial products in bulk or minimal quantity (HSBC, 2013h).Proprietary trading like hedging and other financial exposure would be required for specific industries (ICICI Direct, 2013b).Equity research divisions would require the analyst to analyze the investment market trends and then make research reports. This report will help in active trading and providing credit, fixed income, macroeconomic and quantitative research.

This internship report will constitute details about investment banking operations worldwide and the research conducted by myself about the present investment market scenario. A research was conducted to understand the importance of the financial instruments and the buying and selling procedure of the financial instruments in the Shanghai financial market. The internship project will be introduced with my work based learning experience in HSBC Investment Direct (Sales department). Finally the study would conclude with the outcome learned by me from the work based learning experience in HSBC Direct Investment.

Hong Kong Shanghai Banking Corporation Ltd (HSBC) is one of the most renowned British banking corporations headquartered in London (HSBC, 2013a). The financial corporation is regarded as one of the leading banking corporations, which were established in the year 1865 and the first branch was opened in the year 1991. Presently, the company has around 7200 offices located worldwide in 86 countries and a customer base of 89 million. The company offers finance and insurance, consumer, corporate, investment banking, investment mortgage and credit card.

The company owns 45 equity brokerage houses which is listed in the stock exchanges and has more than 394 broking firms. The banking corporation owns more than 9000 brokers and 80 percent of the annual turnover is generated