They have reshaped the very culture of Wall Street. Gone are the raucous trading pits, replaced by PhD- and engineer-led teams optimizing algorithms. Their ascent has been helped by milestone ...

“I loved my spot in the pit, the whole set-up and ... not principal trading firms.” For banks, brokers and other Wall Street players, there is no question the new trading giants are here ...

A: It started off as an expansion of an article I wrote in the Wall Street Journal called “I’ll Miss the Trading Floor.” I felt that now that the exchange floors are closed and the pits are no more, ...

Trading desks at major banks are expecting a flurry of activity when the chaotic 2024 election comes to a close, and that could cement what is already a banner year for Wall Street. Trading volume ...

For Wall Street firms that had only dipped their ... The long-time head of CME, who started his career in the trading pits of Chicago in the 1980s, wasn’t buying Bankman-Fried’s ambitious ...

NEW YORK — A mostly subdued day of trading Wednesday left stock indexes on Wall Street close to the all-time highs they set last week. The Standard & Poor’s 500 index rose 0.2% after drifting ...