Business, 23.03.2021 03:40, Leggett3146

Wall Street firms have traditionally compensated their traders with a share of the trading profits that they generated. Specifically, traders will share in the upside potential directly in the form of higher compensation but only in the downside indirectly in the form of potential job loss if performance is bad enough. Therefore, allowing traders to share in the profits may increase the traders' willingness to assume risk. The last statement is likely to be True False

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Wall Street firms have traditionally compensated their traders with a share of the trading profits t...