activities of an investment bank's trading desk would typically not include
short selling stocks
buying and selling bonds
issuing derivatives
advising on mergers
arbitrage
let examine each options.
short selling stocks- its related to an investment bank's trading activity
buying and selling bonds - its related to an investment bank's trading activity
issuing derivatives - its related to an investment bank's trading activity
advising on mergers- its Not related to an investment bank's trading activity
arbitrage- its related to an investment bank's trading activity
hence the correct answer is advising on mergers
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