Safe as houses? Trading from home tests bank defences during crisis

Our CTO Tim Carmody contributed to a Reuters story today looking at the dramatic shift to institutional voice trading from traders’ homes during the crisis, and the challenges it brings for firms in terms of regulatory compliance. He highlighted our role in an unprecedented exercise to shift traders to home trading, with over 10,000 new soft clients installed over six weeks by IPC across North America, Europe and APAC, saying that “we have seen which customers were prepared for this and which ones scrambled a bit,” and adding that “working patterns will change now that the Rubicon has been crossed.”

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