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By providing a substitute for travel, phones can make up for bad roads and poor transport infrastructure, helping traders find better prices and boosting entrepreneurship.
With a hands-free headset, he is speaking to Steve Gomez, his partner in Today Trader, a two-year-old Internet venture that is "about helping traders find success through virtual technology," as it says on the company's Web site.
An said the company does have a broader vision than just helping traders secure speculative assets so they can come up with even more arcane financial instruments.
The Federal Reserve is keeping borrowing costs low to help revive the economy, and that means there's still plenty of easy money around, helping traders to inflate the price of everything from stocks to commodities such as gold.
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Old rules of thumb and assumptions that once helped traders foresee the direction of prices no longer seem to work.
A new peer-to-peer system helps traders move huge blocks of stocks without tipping their hand.
Additionally, this helps traders and suppliers to understand where their raw materials come from and how they are produced.
Mr. Rusnak made recommendations that helped traders and salespeople land jobs at other banks, according to other traders and people involved in the investigation.
In a profession obsessed with Wall Street, Yellen has talked about the struggles of common people and rejected the color-by-numbers world of specific predictions to help traders make a profit on Wall Street.
The gas desk was being run by another prodigy, Jeffrey Shankman, then 28, who was remaking the gas desk by combining Enron's pipeline and financial trading operations, which helped traders better assess market trends.
There was extra support in afternoon trading from a solid start on Wall Street, where some relatively positive reports from big companies helped traders move on from the disappointing earnings news of last week.
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