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Quantitative prop trader: 'I wouldn't try to raise the price of rice and starve China'

Joris Luyendijk meets a trader who says their approach is far from 'evil', but one of extreme caution and calculation

http://static2.businessinsider.com/image/4b9fdb117f8b9a0307960100-480/shadow-dollar-bills-cash-money-warhol.jpg

 

• This monologue is part of a series in which people across the financial sector speak about their working lives

 

 

 

"So far you miss a speculator, the finance bad guy," he wrote in the blog. "Well, that would be me," adding: "If we go for some food you'll be able to make one of those nice plate descriptions :)" So we're meeting one harsh, cold February evening for dinner in Strada, an Italian restaurant opposite the now-evicted Occupy camp. He is an inconspicuous-looking man, originally from continental Europe. He orders a vegetarian pasta and sparkling water.

 

http://www.guardian.co.uk/commentisfree/joris-luyendijk-banking-blog/2012/apr/02/quantatitive-prop-trader-voices-of-finance?newsfeed=true

 

 

Source: Revista Presei

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