Wednesday, June 9, 2010

Google's Latest Launch: Its Own Trading Floor

While prop trading in wall street banks is looking at being banned other firms seem to be starting the same.

Google, it turns out, has launched a trading floor to manage its $26.5 billion in cash and short-term investments.

The entire story can be read here:
http://www.businessweek.com/magazine/content/10_23/b4181033582670.htm

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