NYSE's most famous trader fights for his job

in #dlike6 years ago

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FinTech is closing in on the end of it's second decade.  This has taken the industry employment by storm.  A NYSE trader became face of what is happening on the floor of the exchange.  What once numbers over 4,300 people, now is down to 700.

 

These are high paying jobs that end up being automated out.  It is estimated that 80% of all trades are done by computers.


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They always show that guy freaking out.

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He looks a little like the doc in Back to the Future.  I can hear his voice calling to Marty.  Automation is going to impact a lot.