Wall Street Banks Profit Off of Volatility, Don Kaufman Tells Business TV

As investors grapple with the market meltdown, trading desks at the country’s largest banks are busy making markets and making money. The market volatility is pushing up trading revenues 15% – 25% at big banks. Don Kaufman, Chief Market Strategist at TheoTrade, has extensive background in market-making, brokerage, and trading. In this NTD Business News segment, Don explains how the banks are profiting off market volatility. See the full segment above.

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