An army of one

No segment of the market has felt the impact of the credit crunch as keenly as that of financial services. While I don't see lines of dejected former Wall Street traders queuing up at the military recruitment centre in Times Square to sign up for a tour of active service, an interesting new trend is emerging. A growing number of ex-prop traders have decided to go it alone and trade on their own behalf putting up their own money as capital. Online trading technology is more widely available

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