Goldman Traders Have Fewer Big Days

The video discusses trading revenue statistics, comparing $100 million trading days in 2007 and 2009. It highlights the impact of market competition on bid-ask spreads and trading fees. The discussion extends to market volatility and economic conditions in 2009, the role of ETFs and algorithmic trading, and the current trading environment characterized by low volatility.

What was the number of $100 million revenue trading days in 2007?

How does the bid-ask spread relate to competition in trading?

What factors contributed to the low number of trading days in 2009?

How do banks thrive on market volatility according to the text?

What impact do algorithms and non-banks have on trading?