600 traders replaced with 200 computer engineers

[Kevin Lancaster]

600 traders replaced with 200 computer engineers

Goldman Sachs has replaced 600 traders at its US cash equities trading desk with automated trading programs supported by 200 computer engineers.

 

[konfab]

"We are your friends"

 

[Thor]

^ ahaha

 

[TheGuy]

What does the computer engineers do then?

 

[Geoff.D]

What does the computer engineers do then?

Change the oil and pump the tyres .....

And then they claim trading is a an art ...... What is to stop the computer systems spiralling out of control??