On some football field-sized trading floors you could barely see the far wall through the heat haze. Yet even during the glory years, most investment banks struggled in “flow businesses” such as interest rates, foreign exchange and cash equities. Unless you were in the top three or four in a particular product, forget about it. Many banks wasted fortunes trying to get there.
在一些足球场大小的交易场内，热腾腾的雾气让人几乎无法看到远处的墙壁。不过，即使是在好的年景，大多数投行在利率、外汇和现金股票等“流动性业务”上也是举步维艰。除非你在某种特定产品方面排名前三或前四，否则，你最好还是忘记它。许多银行耗费巨额财富，试图挤进前几名。
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