Future Finance

Traders Who Can’t Code May Become Extinct, Goldman’s Tech Pioneer Warns

  • Senior Goldman executive reflects on industry as he steps down
  • Distinction between trading, engineering to disappear, he says
Marty Chavez says extinction awaits traders who can’t code.Source: Bloomberg
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Just how important will the ability to write computer code be to a successful career on Wall Street?

According to R. Martin Chavez, an architect of Goldman Sachs Group Inc.’s effort to transform itself with technology, “It’s like writing an English sentence.”