Having works in the different sectors of the financial industry, I think this will qualify me to give a few comments on the broker industry.
Price spreads
Ten years ago working as a broker in the forex market was easy money, because you can quote spreads as wide as 10 points to institutional clients and clients are still coming back to you. This is comparable to arbitrage profit of 8 points as you ca » Read more: Trend of Financial Broker: Past, Present and Future