The stock market's recent bout of volatility began May 22 as traders studied comments from the Federal Reserve chairman, Ben S. Bernanke, and minutes from the last meeting of the Fed's policy committee for clues about when the bank may slow its stimulus program.
The social enterprise traders studied in this article are all addressing a huge problem: the large numbers of low income people who lack access to safe, rationally prescribed and appropriate medicines in India, Africa and elsewhere.
I study antiques the way a day trader studies the stock market; tastes are always changing.
Tom Hayes, a former UBS trader, studied at Hult International Business School in London before his involvement in the LIBOR rigging case.
* Former Wall Street trader studies biology of risk-taking.
Using the inverse relationship between cost of information and number of informed traders, we study whether traders can properly determine the value of the information under enriched and impoverished environments.
So "for a lark," Coates says, he decided to take handprints of 44 of the young male traders he studied, all of whom worked on a fast-paced London trading floor.
The son of a middle-class Parsi foreign trader, Mehta studied law in England for four years, was called to the bar in 1868, and then returned home.
But chronically high and sustained levels, as seen in traders in the field study, led to a dramatic drop in willingness to take risks, with the "risk premium" - the amount of extra risk someone will tolerate for the possibility of higher return - falling by 44percentt.
In trying to account for the differing fate of traders at our study firm, on one hand, and at many of the banks and hedge funds, on the other, it is worth pointing out that these traders differ in one important respect – their compensation schemes.
