Recent content by xploring

So, from the way I'm understanding it trading desks in IBs basically make money by creating markets for securities? Is it the bid offer "spread" of a stock where trading desks make most of their money? Thanks for clarifying, I'm a total beginner to all this. What is quantitative trading? Is it...

Thanks for the reply. What kind of trading do IBs do these days? I hear it's "flow trading"--some kind cross between agency and prop trading. And why do they have to hire so many programmers and mathematicians to do it? How about big hedge funds? Aren't they the same as prop trading firms?

Hi, I'm just starting to learn about trading, but have informally traded my IRA portfolio for the last 10 years. I'm curious about a career as a trader and was wondering if the trading skills taught here are also used on the trading desks of bigger firms, like investment banks and hedge funds...

Hi, I've been a member since June but have just lurked around learning more about trading. Glad that such an informative site is available for beginners.