Computer programmers who design and code algorithms for high-frequency investment banking firms are unhappy with their salaries and are seeking fair compensation for their talents. According to Forbes, many of these niche programmers feel that they have been taken advantage of and are either demanding more money or venturing out on their own. Programmers at firms such as Goldman Sachs, Citadel, and Getco earn salaries in the low six figures. In contrast, software designed to take advantage of rare trading opportunities could earn firms US$100,000 per day and millions for the traders who use it. Two programmers interviewed by the publication formed their own business and cut a deal with a firm that allowed them to earn between 40 and 80 percent of the brokerage’s net profits and, perhaps most importantly, retain ownership of their code. (SlashDot)(Forbes)