Here’s what’s hurting the lucrative profession of trading

(Last Updated On: February 17, 2020)
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The answer is basically algo trading and value investing of ETFs. The number of folks on Wallk Streeet who lost jobs in the thousands. Here is the description of this 15 minute CNBC video:

Wall Street trading used to happen on the phone or in person in the packed trading pits at Chicago Mercantile Exchange, New York Stock Exchange or London Stock Exchange. Today, trading requires less people thanks to new technology. Here’s what led to the decline of traders on Wall Street.

https://www.cnbc.com/video/2020/02/14/wall-street-and-trading-the-job-of-selling-stocks-and-bonds-is-on-the-decline.html

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!
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About caustic

Hi i there My name is Bryan Downing. I am part of a company called QuantLabs.Net This is specifically a company with a high profile blog about technology, trading, financial, investment, quant, etc. It posts things on how to do job interviews with large companies like Morgan Stanley, Bloomberg, Citibank, and IBM. It also posts different unique tips and tricks on Java, C++, or C programming. It posts about different techniques in learning about Matlab and building models or strategies. There is a lot here if you are into venturing into the financial world like quant or technical analysis. It also discusses the future generation of trading and programming Specialties: C++, Java, C#, Matlab, quant, models, strategies, technical analysis, linux, windows P.S. I have been known to be the worst typist. Do not be offended by it as I like to bang stuff out and put priorty of what I do over typing. Maybe one day I can get a full time copy editor to help out. Do note I prefer videos as they are much easier to produce so check out my many video at youtube.com/quantlabs