Tuesday, 21 July 2009

Derivatives and diplomats

One week of work down, a lot still to learn. I'm spending this week with the 'credit' guys. Today I was sitting with the two guys who trade Japanese credit derivative swaps (CDS). Basically, CDSs provide insurance against the company you've invested in going bust and are used for hedging large investments. Today was a very slow day though, which was quite good for me as it meant everybody had lots of time to talk. It was also the first day that it's rained whilst I've been here and I actually felt a bit cold outside - I must be getting acclimatised to the heat!

Working with a new group of people means that I've been introduced to new places to get lunch :) This is a bit of a disaster as, to get to the new food hall (which is beyond fantastic!), I have to walk past a Hello Kitty shop, a Domo-Kun shop, a Doraemon shop and a shop that sells the edamame-bean-with-a-dog's-face-and-ears character stuff! I am going to be financially ruined by the end of the week! I then have far too many choices for lunch - today I had a box with a variety of gyoza, siu-mai and other steamed/fried dim sum. I also went back and got a bento for my tea because I couldn't choose between the two at luchtime! Yum yum yum yum...

Tomorrow is going to be quite an exciting day for the following reasons:
1) Tokyo is one of the places you'll be able to see the partial solar eclipse. (!!! :D)
2) It's meant to rain really heavily and there may be a thunderstorm (which is crap news for #1, but I love lightning).
3) John Swinney MSP is coming round to the office and I've been called on to have my photo taken with him as the 'Saltire Intern'. Woop woop.
4) I'm then going to a reception with John Swinney and others at the British Embassy in the evening. I hope they have good food...

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