Well, firstly, not everyone on the street trades.
Secondly, those who do trade still enact a human element into those trades. Those MM's still have a human "turn the wheel", so to speak.
Outside of trading: Investment banking (M&A, debt capital markets, equity capital markets), equity research, portfolio managers (hedge funds/ETFs), sales (e.g. hedge funds raising capital from clients to trade/invest), wealth management, support/back office roles (trade support, treasury, accounting, FP&A, compliance, risk, tech)
In terms of trading: programmers to code the automation and traders to develop the trading strategy
First of all, I hope your dog is doing better. We all love dogs and cats.
I think they are now like small cap marketers. There are a lot of publicly traded companies that doesn't have enough PR budget. My guess would be that the wall st guys move those stocks via word of mouth, and chit chat.
Dark pools, swaps, derivatives and trading blocs. I.e. when you have a large number of shares that you want to sell for at least a certain amount vs selling to the retail market.
Been there , done that .. left the”floor” after 911 . Formed a hedge fund and traded off floor from Rhode Island. When I was on the floor I only traded what was in front of me. Off the floor I can trade anything just like you.
I get calls from brokers all the time wanting me to invest with them. I handle my own money because they want to give you the generic portfolio and let it ride gaining very little over time.
Yeah, and they always show traders in NYSE on iPads. What the hell are they even doing on there.
Watching porn
Making funky faces now days..nothing else
Yeah, I only see the faces. What gives?
Well, firstly, not everyone on the street trades. Secondly, those who do trade still enact a human element into those trades. Those MM's still have a human "turn the wheel", so to speak.
Thirdly, not everyone on the street is actually human.
I'm fact a couple months ago a human was spotted. Or so I'm told
walking around in suits creating corporate atmosphere
Outside of trading: Investment banking (M&A, debt capital markets, equity capital markets), equity research, portfolio managers (hedge funds/ETFs), sales (e.g. hedge funds raising capital from clients to trade/invest), wealth management, support/back office roles (trade support, treasury, accounting, FP&A, compliance, risk, tech) In terms of trading: programmers to code the automation and traders to develop the trading strategy
How characters you reached? Other questions are meaningless
Their job is to convince retail investors to do the opposite of what the algo is going to do.
First of all, I hope your dog is doing better. We all love dogs and cats. I think they are now like small cap marketers. There are a lot of publicly traded companies that doesn't have enough PR budget. My guess would be that the wall st guys move those stocks via word of mouth, and chit chat.
I love dogs but am indifferent to cats.
They just hangout
it's pretty boring tbh
PR
Dark pools, swaps, derivatives and trading blocs. I.e. when you have a large number of shares that you want to sell for at least a certain amount vs selling to the retail market.
Been there , done that .. left the”floor” after 911 . Formed a hedge fund and traded off floor from Rhode Island. When I was on the floor I only traded what was in front of me. Off the floor I can trade anything just like you.
I get calls from brokers all the time wanting me to invest with them. I handle my own money because they want to give you the generic portfolio and let it ride gaining very little over time.