Finance

Bank trading floors could be poised for a makeover in the wake of Covid-19

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A member of exchange staff uses a fixed-line telephone while looking at financial data on computer screens on the trading floor of Bats Europe, the European arm of Bats Global Markets Inc., in London, U.K..

Jason Alden/Bloomberg | Bloomberg | Getty Images

Trading floors in banks have been immortalized in countless Hollywood movies. Chaotic scenes of financial professionals, often on the phone, and often screaming; rows of desks and endless monitors all convey highly stressful situations in an industry where time is literally money.

While there’s some fiction to this stereotype, the images of densely populated, cavernous spaces are grounded in the truth.¬†And in the era of Covid-19, of…

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Source cnbc.com

Forex News
Forex, also known as foreign exchange, FX or currency trading, is a decentralized global market where all the world's currencies trade. The forex market is the largest, most liquid market in the world with an average daily trading volume exceeding $5 trillion.

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