Wall Street’s Trading Machine Did Not Completely Break Down In The Second Quarter
- Tuesday, July 15, 2014, 7:45
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As second-quarter financial figures roll in, it appears that trading revenues at the big banks fell by 10% to 15% in the second quarter of 2014 and strengthened somewhat in June. Those are still unhealthy declines, but Wall Street desks that specialize in fixed-income, commodities and currency trading showed some signs of life.
http://www.forbes.com/sites/nathanvardi/2014/07/15/wall-streets-trading-machine-did-not-completely-break-down-in-the-second-quarter/