Comment Comment by pembrook They don't.After the Volcker rule the big banks had to close their prop trading groups: https://en.wikipedia.org/wiki/Proprietary_tradingThe idea that investment banks are filled with human "traders" is Hollywood nonsense.Most trading activity (and even filling of retail order flow) is now done by quant-driven funds. parent pembrook 7 years ago
After the Volcker rule the big banks had to close their prop trading groups: https://en.wikipedia.org/wiki/Proprietary_trading
The idea that investment banks are filled with human "traders" is Hollywood nonsense.
Most trading activity (and even filling of retail order flow) is now done by quant-driven funds.