Goldman Embraces Automation, Replaces Traders with Engineers

Feb 8, 2017   •   Lyndon Maydwell   •   Link!




"At its height back in 2000, the U.S. cash equities trading desk at Goldman Sachs’s New York headquarters employed 600 traders, buying and selling stock on the orders of the investment bank’s large clients. Today there are just two equity traders left."

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