traders

Are Wall Streeters Just Like Us? One Trader Tells All

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.

FDIC Proposes Limits on Banker Pay

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 May See Smaller Bonuses This Year

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 compensation drop 26% in the first nine months of this year.

The Best Brokers For Mobile Investors

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.

Risky Business: Derivatives Dwarf the World's GDP

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.

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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...