Wall Street Is Replacing Traders with ML Engineers. Here's the Exact Roadmap to Become One.

Goldman Sachs had 600 equity traders in 2000. Today it has 2. The rest were replaced by engineers. p_i = e^(q_i / b) / Σ_j e^(q_j / b) Citadel's ML team manages more capital than most banks. Two Sigma

Wall Street Is Replacing Traders with ML Engineers. Here's the Exact Roadmap to Become One.

Technology @zodchiii

Wall Street Is Replacing Traders with ML Engineers. Here's the Exact Roadmap to Become One.

March 5, 2026 · @zodchiii

Goldman Sachs had 600 equity traders in 2000. Today it has 2. The rest were replaced by engineers. p_i = e^(q_i / b) / Σ_j e^(q_j / b) Citadel's ML team manages more capital than most banks. Two Sigma

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