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Sophisticated Technology Eliminating Working-Class Wall Street Jobs

WESTCHESTER COUNTY, N.Y. – Working-class Wall Street jobs are slowly fading as trading pits near their end due to technology, reports Business Insider.

Working-class Wall Street jobs are slowly fading as trading pits near their end due to technology.

Working-class Wall Street jobs are slowly fading as trading pits near their end due to technology.

Photo Credit: Wikimedia Commons

With the close of Chicago Mercantile Exchange trading pits in July, the kinds of jobs that don’t require top-notch education, family connections or years of experience in trading are fading quickly; the noisy trading pits full of brokers, runners and clerks are quickly becoming a thing of the past, according to the report.

Click here to read the full report.  

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