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Traders could be compensated differently

By Hicbd
Tue Feb 22 2022 7:40 pm

"The incentives at these banks should consequently be structured to discourage, not encourage, short-term speculation and risk taking, with the primary goal of guaranteeing the bank’s solvency. Rather than pay employees based on how much they made the prior 365 days, pay should be based on their entire careers, with the bulk of compensation coming in a form that can be taken away with future losses."

URL:
https://blogs.scientificamerican.com/guest-blog/why-its-smart-to-be-reckless-on-wall-street/
https://www.efinancialcareers.com/news/finance/how-much-sell-side-traders-on-wall-street-get-paid
https://blogs.scientificamerican.com/guest-blog/how-to-lose-3-million-dollars-in-one-second/

URL Credit

Categories:
Banks / Financial Institutions U.S. Securities and Exchange Commission (SEC) HR Compensation Stock / Equity / Securities / Day Trading

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