THOSE WERE THE DAYS


As retirement looms I am tempted to look back at my enjoyable and mildly successful career as a commodity derivative broker. It is exactly 40 years since I started in the City as a very green broker on the London Potato Futures Exchange floor located at the Baltic Exchange.


 and the last 15 years at ADM Investor Services International. In that time there  is conducted.


        that might fill the younger generation          constant shouting heard across the City     thought of clients actually executing   


instant messenger in its various guises    said buy or sell!


      hedgers remain but gone are the floor     these changes have come huge increases in trading volumes and longer market hours but neither seems to have added much to  market order is traded instantly. Previously, a   


 to be the trade houses that dominated   


10 | ADMISI - The Ghost In The Machine | Q3 Edition 2023


SPEED HAS BECOME PARAMOUNT. MILLISECONDS SEEMINGLY MORE IMPORTANT THAN A CONSIDERED OPINION.


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