2 Comments

Quantum computing will mean more active markets fuleled by ever evolving technology. It's been happening since the turn of the century. Automated trading is already a huge percentage of volume in futures, options, stocks and bonds.The problem is as technology advances, it becomes more self sufficient, requiring fewer jobs to achieve the same revenus..

Expand full comment
author

Fairpoint, I wonder how this continued evolution will end up affecting those jobs. If we look back, we could say that electronic trading decimated the floor Trader however it made execution of trades more efficient and open up for new opportunities, which kind of led us to these automated trading scenarios, which are now, and replacing the folks that replaced the more manual approaches to conducting transactions.

Expand full comment