Many active traders, including hedge funds and prop
traders at investment banks, engage in short selling when the they believe a stock is about to fall in price.
Not exact matches
Beginning in 1999, the author spent eight years as a
trader at a major Wall Street
investment bank.
It just so happens that larger
traders /
investment companies /
banks, etc. may trade thousands of contracts
at a time in different futures trading markets.
Since the primary driver of profits
at these companies is proprietary trading, quite often
investment bank traders will be on the opposite side of trades from their shareholders, unknowingly or otherwise.
Other teams that were awarded with gongs
at the hackathon include a group from Temenos, who built a platform that allows
banks to crowdsource for liquidity, a team from Deloitte Ireland which built a wearable device that tracks the stress levels of
traders on a dealing floor and Signal Noise, who showed a visualisation platform for
investment information.
Michael Bassett, a
trader at boutique
investment bank NSBO in London, moved from Australia in 2007.