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As a "buy side" trader executing transactions for senior portfolio managers, he is a conduit to the "sell side" traders at the big Wall Street firms who actually carry out his trades.
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Mr. Duff's decisions on how and where to allocate his trades make him of crucial importance to the sell-side traders, who earn commissions on them.
It is Mr. Duff's portrait of how sell-side traders ardently romance their buy-side counterparts that is probably the book's most memorable contribution to Wall Street literature.
But the proposals are all but certain to provoke criticism from all sides — traders who say the rules are too intrusive and policy experts who say the approach is too vague.
Used by buy-side traders, such as mutual funds, pension funds and investment banks, whose customers need sophisticated market support services.
Buy-side traders for mutual fund empires, pension funds and banks see dark pools as the most likely place for information leakage.
We describe the current state of trading algorithms (both single stock and portfolio algorithms) and provide a classification system to assist investors and buy-side traders navigate the ever-changing algorithmic landscape.
Although politicians refused to call the result for either side, currency traders appeared confident of a no vote.
DealBook » Defense Tries to Show Sympathetic Side of Ex-Trader | Fabrice Tourre's legal team worked to rehabilitate his image.
by Heidi Scrimgeour in Ballycastle The weather wasn't on the traders' side in Manchester, where Storm Desmond tore through the streets on the morning of Small Business Saturday.
At Goldman Sachs, where he spent twenty-six yeand and rose to the No. 2 job, Gary Cohn was on the traders' side of the divide.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com