Geeks trump alpha males as algos dominate Wall Street

Reuters reports:

Wall Street traders aren't what they used to be -- they're not even on Wall Street anymore.

The days of swashbuckling backslappers on the floor of the New York Stock Exchange have given way to an era of trading dominated by analytical technical whizzes whose computers may be running from a town in deepest New Jersey or Texas.

While street smarts and an ability to socialize were crucial to successful floor traders, today's trader needs math and computer science, and quite possibly a PhD.

An article well worth your time.