There are only 300 Peloponnesian souls left guarding the Thermopylae.
Guarded by stone columns The New York Stock Exchange resembles more the New York City of "I am Legend" than what its name stands for.
300 traders remain from 3,000 in 2007. The last guard protecting against the turbulent waters of automated trading. The last ones left that will pay for mistakes with their own paychecks.
From now on, any personal money lost will have to be battled by a lawsuit if you can afford it. Against any common sense, a glitch in the system is a reasonable excuse beyond any reasonable doubt. Imperfection is after all Only a Human Quality.
There won't be anyone down there, in the Pit, reading the eyes of adversaries trying to do good by the client.
The legacy of books written on how Hedge Funds masters kept the pulse of the market by personal and direct communication to the individual traders has vanished.
It is the world of PIMCO. Only the ones who can read the macro waves will be able to keep their change. And then again, the world is back from the hands of the Titans. The Fire has been restored.
