Money jobs: The truth about trading

Business Daily

BBC

Business

4.4 • 816 Ratings

🗓️ 14 December 2022

⏱️ 19 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

We all love a good financial film, we might not all fully understand what’s going on the whole time, but they’re always really intense with a make or break ending, but is working as a markets trader really like that?

This is the latest episode from our Business Daily’s series on high value, high transaction jobs you might read about, see on the TV or glamorised in films.

In episode three Leanna Byrne looks at how some of the most famous financial films depict working as a commodities trader and compares that with what a real life commodities trader, Warren Goldstein, tells us about working in the industry. If, even as your read this, you’re thinking hang on what’s a commodity trader? Don’t worry, Katie McGarrigle, show host for Options Trading Concepts Live on the tastylive network, is our jargon buster for this episode.

Presenter/producer: Leanna Byrne Image: Traders on the floor; Credit: Getty

Transcript

Click on a timestamp to play from that location

0:00.0	World Football in Qatar is the podcast taking you behind the scenes with all 32 teams at the World Cup.
0:07.4	We're hearing from the players, the fans and people in Qatar, telling the truly global story of the competition.
0:15.2	That's World Football in Qatar from the BBC World Service.
0:19.4	Find it wherever you get your BBC podcasts.
0:26.1	Let's play a little game.
0:28.2	Since we're on episode three of our money job series,
0:31.3	I'm going to survey some people to see what their favourite financial film is.
0:35.7	And where would you find a better focus group
0:38.0	than the money and work team at the BBC?
0:41.4	It's going to sound really, really cheesy.
0:44.6	And it's not a great film, but it's just really good.
0:47.2	It's a wolf of Wall Street.
0:49.4	James, what is your favourite financial film?
0:52.1	Could have given me a bit of a warning.
0:54.2	Well, the big short is probably an obvious one.
0:56.6	Margin call, that's a good one.
0:58.4	Why is the first thing that comes to my head, the big short?
1:01.1	Well, that's a good one.
1:01.9	Yeah, I think the big short, yeah, yeah, yeah, yeah.
1:04.7	The big short.
1:06.3	The big short, genuinely.
1:08.3	Everyone loves the big short. Genuilly. Everyone loves the big short. Well, and it's the most recent ones, so you can remember it.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from BBC, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of BBC and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.