9min chapter

The Iced Coffee Hour cover image

Stock Market Expert: A Warning on Artificial Intelligence, Memestocks, & The Next Crisis

The Iced Coffee Hour

CHAPTER

Trading Dynamics: Floor vs. Institutional

This chapter explores the differences between exchange floor traders and those in higher financial institutions, focusing on their career paths, education, and compensation. It also details the mechanics of market making and the chaotic events of the Black Monday crash of 1987, emphasizing the challenges faced by brokers during that critical time.

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