trading desk


Below are some expert discussions related to trading desks from various podcasts:

  1. Enron's Trading Desk: The episode from the podcast explains how Enron's early financial strategies and the use of a trading desk allowed the company to miraculously survive significant trading losses. Enron initially started as a logistics and pipeline company and evolved into an energy transportation and financial organization through the creation of a trading desk. This transformation led to both significant financial manipulation and a redefinition of the company's business model1.

  2. Trading Desk Hazing: In the , Ken Rideout shares his personal experiences with the toxic and aggressive culture at trading desks in the late 90s. He describes the environment as alpha-driven with a lot of hazing, which ultimately led to him being fired and quickly finding another job in the industry2.

  3. Trading Desk Evolution: On the , David Hendler discusses the transformation of trading desks over time, particularly how they have been de-risked and focused more on capital creation rather than speculative activities due to regulations like Dodd-Frank and Basel III. This shift has significantly impacted the profitability and operation of trading desks3.

    Enron's Trading Desk

    Discover how Enron transformed from a pipeline company to a financial institution through the creation of a trading desk, leading to both miraculous survival and devastating consequences.



These insights illustrate the critical roles and dynamic changes within trading desks in the financial sector. If you need more detailed information or further topics on trading desks, feel free to ask!