Almost all the major Wall Street investment banks reported first-quarter declines in trading revenue from a year earlier.
yeah..with a couple hours lunch break,like in Japan."JP Morgan expects second-quarter revenues from bond and equity trading to decline by about 20pc from a year earlier, the biggest US bank by assets has admitted."
Revenue down, more traders get laid off, less volume,etc. It is a vicious cycle. Soon, they can just open the market for 2 hours a day.

yeah..with a couple hours lunch break,like in Japan.![]()
Not there yet. Computers no matter how powerful are nothing without the human who program it to do useful things. Us human still stupid enough. AI or machine learning really has no intelligence yet.Forget HFT; âHigh Intelligence Tradingâ is the new frontier for technology, markets, regulation
By Guest Contributor APRIL, 2014
How can the average Elitetrader win?