Traders still prefer to phone it in

The customized telephones that traders use (and sometimes smash in anger) are surviving the onslaught of trader-free electronic trading and show the importance of the human touch especially for complex transactions.

Not that these special phones, called turrets, are static means of communication.

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Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a BillionaireExternal link

Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a Billionaire