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FOREIGN EXCHANGE

FX trading: Washed up at 40

 

I got sent a link to YouTube this week showing a clip from a programme that was made in the mid-1980s about FX. It’s an absolute cracker and has caused a bit of banter between some of us old gits. Talk is that Richard Hill, who is shown in all his pomp in the clip, is poised to make a comeback. There’s another clip showing his boss explaining that FX traders are washed up by 40 years old. Hill was 31 when the programme was made, so I reckon he must be about 55 now.


The clips not only show how much FX has changed, but society as well. As one mucker commented: “Sparking up on the dealing floor, operating a Reuters pager while in charge of a motor vehicle, Chemical Bank? I’ve gone all misty eyed.”



 

skool.gif Old school dealing, brought to you by Lee Oliver