Possible Volcker Rule repeal and the future of trading?

TheROI's picture
Rank: Senior Gorilla | 780

What do you think will happen if most or all of Volcker Rule is repealed as hinted at by the Trump administration? There are already some prominent traders moving back to large banks after leaving hedge funds amidst rumors about Volcker rule either being re-written or repealed. If banks are allowed to bring prop trading back into full swing, would trading be a good industry to get into again? Or would it still be run by quants, programmers and algorithms albeit more of them? Would love to hear some thoughts on this, thanks.

Comments (9)

Dec 31, 2017

It would make trading more logical. Bank guys always had a bit better balance sheet to sit on losses than just about any other trading desks. So bs quant moves are less likely.

Array
Dec 31, 2017

Thanks for the reply, hopefully what you said happens. Anyone else?

Jan 1, 2018

bump

Jan 2, 2018
traderlife:

So bs quant moves are less likely.

Or it could lead to more quant guys

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Jan 2, 2018

I don't think this was a primary talking point throughout his campaign...

To my understanding, the following are issues he NEEDS to deliver on to satisfy his base for reelection (no particular order):
1. immigration
2. healthcare
3. trade agreements

not sure trump republicans give much thought to Dodd Frank and Volcker rule

Jan 2, 2018

do you work here? 12 threads today

Jan 2, 2018
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