traders

Wall Street trader Jared Dillian was an outsider whose hard work won him entry to the storied investment bank Lehman Brothers. But as his gripping and admirably candid memoir, Street Freak, shows, even when you walk among the financial giants, you hit the ground hard when you fall.

The federal government says excessive pay at financial institutions was one of the main causes of the recent economic crisis. It now wants to make sure bank executives and traders take less risk, by insisting they defer a large part of their compensation.

Wall Street traders, usually among the best-paid employees in the industry, may see drastic cuts in their take-home pay, Bloomberg News said. Revenue in trading divisions has fallen by an average of 12% so far this year. Goldman Sachs (GS), which makes most of its money from trading, saw average...

Index futures, index options, equity options and security futures are all set to expire Friday in a phenomenon known as the "quadruple witching" hour. It usually signals a time of higher trading volumes and surprises on Wall Street, but this time, investor uncertainty is likely to keep trades low.

What are the best brokerages for mobile investors? The industry advisory firm Corporate Insight surveyed the mobile trading features of 21 brokerages, looking at a variety of platforms and loads of other features. See what firms come out on top.

Here's news from the business world and other money matters to watch out for Friday (last updated at 7:55 a.m. Eastern time): Postal Service Posts Loss: While many companies are reporting upbeat quarterly profits this earnings season, the United States Postal Service isn't one of them. The...

One of the biggest risks to the world's financial health is the $1.2 quadrillion derivatives market. It's complex, it's unregulated, and it ought to be of concern to world leaders that its notional value is 20 times the size of the world economy.

Broker Charles Schwab (SCHW) recently asked its elite "active trader" clients how they see the economy shaping up. It found that a majority (54%) said they're now feeling bullish enough about business and the stock market that they expect a recovery within 12 months. Another 18% of these...

An arms race has begun in the secretive world of high frequency trading, the practice of making a high number of trades netting small gains that can add up to big profits at the end of the day. Fueling the competition is the entry of more players into the field as well as technological advances...

As news broke that the U.S. jobless rate crossed the dreaded 10 percent mark, many investors braced for the market's reaction. The response to word that unemployment reached levels not seen since 1983? The Dow Jones industrial average closed up 17.46 points to 10,023.42 and the S&P 500 ended...