Alfred Berkeley of Pipeline Trading Systems talks with Hub Culture's Edie Lush in Davos at the WEF

January 30, 2010 | Davos, Switzerland | Vetting explained

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Last updated: January 30, 2010

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Alfred R. Berkeley III – Chairman, Pipeline Trading Systems & Former Chairman of NASDAQ talks with Hub Culture's Edie Lush in Davos at the World Economic Forum.

Pipeline is a 5 year old company which builds trading systems for mutual funds. In the aftermath of the recession trading volumes are 40% from the peak. Al Berkeley says that as economies recover, there is a lot of cash sitting on the sidelines that will come back to the markets. Regarding President Obama’s comments on banks, no one wants to tank the US economy. There's a difference between what gets into the papers and what the real thinking is going on amongst administration officials.

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