There is an inside joke among those of us who have worked on the trading floor of Chicago’s futures exchanges and it has something to do with trying to explain the markets and trading floor to family members and significant others.
It is a difficult and taxing process and it probably explains why so many industry titans started out at the very bottom rung as a runner and worked their way up. And while it is encouraging to see several prominent universities build out futures trading related programs, most of us deep down knows that is not the best way to learn about these markets. This is a problem for the industry because with the trading floor all but dead, where will tomorrow’s traders come from?
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