Quotes About Finance

The country should not have to wonder whether politicians' stock trades were corrupt. It should not have to think about politicians' portfolios at all.

Derivatives trading should be standardized and as much as possible moved to clearinghouses.

If you look at the great frauds of all time, Enron had that phantom trading floor. What Herbalife has is it has phantom or fictitious customers.

Financial institutions like to call what they do trading. Let's be honest. It's not trading; it's betting.

As consumers adopt crypto, we hope that they'll also be interested in trading equities and options.

The history of Bitcoin trading is a bubble, a correction, consolidation, and another increase. It's happened four times, and it will happen again.

But I've been day trading stocks and I've been doing it pretty successfully.

Trading demands total concentration and the ability to do several things at once while instantly recalling trading prices from the day, or week, before.

I believe that currency trading should not be a business at all.

Margin trading will drive the lion's share of our revenue, which is like a loan that lets people have more money to trade with.

What we prefer to do is operate our investment bank in a way that is like what investment banks used to be, which is a middle man - someone who is here to match people who need capital with people who have capital - and not position ourselves at the center of that by taking big positions on a trading stance.

I started trading around 1979, fresh out of college. In the early '90s, I started guesting for major news media.

I used to do a lot of the day trading and the stocks. I used to have the Ameritrade and trade options.

In crude oil trading, we have seen a 46 percent increase over 1 year in the margins there.

The marginal people on the trading desks, there's no skill set. If they don't trade derivatives, I don't know what they can do. The next stop is driving a cab.

Criminal justice, as it pertains to the Goldmans and Morgan Stanleys of the world, is not adversarial combat, with cops and crooks duking it out in interrogation rooms and courthouses. Instead, it's a cocktail party between friends and colleagues who from month to month and year to year are constantly switching sides and trading hats.

Some hedge fund managers have made big bucks trading oil futures - George Soros is one.

If companies tell us more, insider trading will be worth less.

'Prop trading' is just a fancy term for banks gambling in the market for their own profit.

We never know what the Street is going to do with the funky trading.

Walk across any of the trading floors - they are full of 29-year-old kids. The capital markets of America are controlled by a bunch of right-out-of-business-school young guys who haven't really seen that much.

Proprietary trading does not belong in banks with FDIC insurance.

The euro is going to continue to be the largest single trading block.

The glue that kept the consumer market together the last few years was the wealth effect from the housing boom.