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Traders have all finances monitored. In some hedge funds monitoring is a lot more invasive. So I don’t agree, but my point is, monitoring isn’t done to protect
by joewee 8y ago
Traders have all finances monitored. In some hedge funds monitoring is a lot more invasive. So I don’t agree, but my point is, monitoring isn’t done to protect employees, it’s done to protect the company.
- sonnyblarney 8y agoTrading is a very specialized activity, huge sums of money are actively changing hands and there are tons of regulations in place on this stuff - of course that will be monitored - just as bank tellers are. But most jobs in banking are definitely not. And there's zero chance that traders managers are monitoring for 'bathroom breaks' or 'chewing gum' or anything like that. But yes, monitoring is generally done to protect the company. But even in the case you described - trading - it definitely protects traders from being wrongfully accused of such and such (i.e. insider trading).