Is S&T a good exit opportunity?

Some may quibble that this doesn't count as a true exit opportunity. But it's important to note that it's very common to work in S&T for 2-4 years and then get poached by another investment bank (usually at a substantially higher salary or title). Sometimes you'll get poached to do exactly what you were doing beforehand.

What is the difference between agency trading & prop trading?

Agency Trading: You execute orders for the client – you’re merely an “agent” doing what he/she wants and do not have (much) freedom. Prop Trading: You are the principal and can make whatever trades you want, using your own money – within your trading mandate and risk limits.

What is sales & trading?

Sales & Trading Definition: Sales & Trading is the division of an investment bank that pitches clients on different trading ideas (stocks, options, bonds, currencies, commodities, etc.) and then executes these trades or “makes markets” for the clients, earning money based on fees, commissions, and the bid-ask spread on trades.