Trade the Traders

WATERS SOAPBOX

But there’s also another job function that no one in our industry wants to talk about. The long-term goal of the CIO is to help get rid of the trader.

There has always been more than a little bit of tension between the CIO and those on the trading floor. The traders scream for the latest and greatest tools while they try to skirt the rules about unfettered instant messaging and watching sports on their PCs. At the same time, the CIOs have to implement technologies that will generate profits

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