Let me just tell you that me and my team were more highly paid than any of the floor traders, including the desk managers and the market makers.
And there's a good reason why we were paid more than anyone else.......... because we controlled the whole operation!
Our job was to determine the banks "Trade Precedent"........ basically the banks trading policy and rules of engagement.
We were the Gods of the trading rooms. We decided how and when the bank would invest it's huge fortune, based on carefully devised mathematical and technical formulas we created.
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