So I was at a presentation the other day discussing the future strategy of the bank that I work for. One point that was made was that the performance of the trading side of the business has slid over the last decade or so.
This was attributed mainly to a decrease in volatility in international markets in recent years. The explanation for the decrease in volatility was an increase in market competition - in particular hedge funds, trying to profit from and squeeze every tick.
This also reminded me of an article that was posted on this forum a wee-while ago that described how automated trading systems were also contributing to a overall decrease in volatility.
So it has me wondering, I am still quite green when it comes to trading, and am wondering if this is real or imagined? Have those who have been trading for some time have also noticed this? And what does this mean for those wants a future in trading?
This was attributed mainly to a decrease in volatility in international markets in recent years. The explanation for the decrease in volatility was an increase in market competition - in particular hedge funds, trying to profit from and squeeze every tick.
This also reminded me of an article that was posted on this forum a wee-while ago that described how automated trading systems were also contributing to a overall decrease in volatility.
So it has me wondering, I am still quite green when it comes to trading, and am wondering if this is real or imagined? Have those who have been trading for some time have also noticed this? And what does this mean for those wants a future in trading?