Brad Hintz Trading Quotations

I would say they're the weakest trading house on Wall Street.

Trading expertise is something that you can purchase on the marketplace.

What it really says is the future of institutional equities will be more like fixed income - a business of proprietary trading and customer execution with customers evolving away form being a client and acting more like a counterparty, ... This idea of a fixed income model for equity - taking risk - seems to be working, he said.

We are probably at the point where the trading cycle is slowing, at least in North America, and it's tough to say investment banking will get better. But the retail and asset management businesses look really good. That's what's exciting to investors.

The story here is driven by poor trading results. Hanging on the horizon are these storm clouds that emerge from the trading business. Every quarter you are holding your breath.

Investment banking is relatively easy to forecast, but the trading side is a tough one.

They're making a statement about where they think trading is going to go.