Changes in Wall Street in past 10 years?

Discussion in 'Trading' started by Newmoney24, May 30, 2013.

  1. I read that 10 years ago, 80% of Goldman Sachs profits came from investment banking, 20% from trading,

    and now, 80% of profits come from trading and 20% from investment banking


    So what has changed?
     
  2. Prop trading.
     
  3. TILT2

    TILT2

    Trading has become more difficult because of more manipulation.
     
  4. emg

    emg


    HFT is changing Wall street. HFT will blow small traders away




    More than 90% of small traders lose! They just lose!



    http://www.bloomberg.com/news/2012-...-seen-profiting-at-small-firm-expense-1-.html


    [​IMG]




    P.S Goldman and others are blending into HFT technology