A New Breed of Trader on Wall Street: Coders with a Ph.D
Lot's of "nothing new" comments here, but I think that may be missing the point.<p>Wall Street has been hiring physics & math graduates for a good  while now, but typically as quants, not traders. Those were (are?) hugely different positions, in terms of responsibility and dollars realized.<p>Not my area, so I may just be missing something too. But when I had acquaintances going into this sort of things, they weren't getting anywhere near a trading desk. At least, not for a while.