Traders With Lots Of Free Time Are Doing Exactly What You’d Expect Traders With Lots Of Free Time To Do

Most people welcome the summer slowdown at the office: the chance to take off a little early, to take two hours at lunch, to spend most of the day falling down internet rabbit holes, to take vacations without feeling guilty. Wall Street CEOs are not most people. And they are bracing for some bad news.

“Analysts estimate the five largest firms will say their combined revenue from trading dropped 11 percent from a year earlier to $18.4 billion — the smallest haul for a second quarter since 2012….

Source: Dealbreaker

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