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A comment on Turn Out the Lights, the Party’s Over. Parent comment

Re:Turn Out the Lights, the Party’s Over by jsprogrammer on Friday February 06, 2015 @12:05PM (#9009970)
Were/are pit traders primarily trading their own money? My impression is that they were/are essentially hired guns for the big money on the other end of the phone.
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Re:Turn Out the Lights, the Party’s Over by minimax on Friday February 06, 2015 @12:29PM (#9010155)
In the pit you have a mixture of brokers (near the outside) who are working orders for financial institutions and other clients, and prop traders (a.k.a. "locals") who are trading their own money.
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