The year stock traders became an endangered Wall Street species
The longest bull market in stocks has somehow completely bypassed banks' equities traders
Wed, Dec 25, 2019 - 5:50 AM
The number of stock traders has steadily declined in the past decade even though markets all over the world have rallied to record highs.
SOMEHOW, the longest bull market in stocks has completely bypassed banks' equities traders. Buying and selling shares for clients such as hedge funds, mutual funds and other investors used to be a key business for investment banks.