Send to Kindle
Remote working is now one of the top daily challenges facing traders and a development that will likely boost the use of technology and electronic trading in the months ahead, a survey by JPMorgan released on Tuesday showed.
According to the survey of 260 fixed income, currencies and commodities (FICC) traders conducted in December, almost a third cited the availability of liquidity -- how quickly and easy it is to buy and sell an asset in markets -- as their chief trading challenge.
That was followed by workflow efficiency and remote working, a new addition that highlights the impact of the coronavirus pandemic on trading floors following widespread lockdowns that began almost a year ago.
According to the survey, 77% of respondents said they worked from home between March and June for an average of four days a week, with 21% reporting a change in the their execution style. Many cited increased electronic trading.
For 2021, 55% of respondents said they expected to work from home for an average of four days a week, with 18% saying their execution style could continue to change going forward -- again mostly through increased electronic trading./Reuters
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
The CEE Startup Challenge promises much more than just financial support; it's your opportunity to a vast ecosystem of industry experts, corporate partners, and VC funds
"GERB leader Boyko Borissov should run for president in November," Bulgarian President Rumen Radev told journalists here on Monday.
Bulgaria is losing an estimated BGN 500 M (EUR 250 M) a year from illegal trading in archaeological artifacts due to inconsistent legislation, a local NGO announced on Monday.
The real estate sector in Sofia has shown resilience in the face of ongoing pandemic challenges, maintaining stability across all segments in the first quarter of the year
Bulgaria has witnessed a bustling winter tourism season, with a total of 1.8 million tourists gracing its picturesque landscapes from December 1 to March 25
Trade relations between Bulgaria and Ukraine have reached unprecedented heights, with bilateral trade hitting a record 3 billion USD in 2022, according to statements made during the recent Bulgarian-Ukrainian business forum
As of 2022, the count of fellow countrymen who purchased real estate overseas reached 2,154, based on data from the National Revenue Agency referenced by "Telegraph"
Bulgaria's long-anticipated entry into the Eurozone may face a delay, as the country is unlikely to meet the inflation criterion required for the introduction of the euro on January 1, 2025
FlixBus, the renowned European bus company, is set to launch new routes to and from Bulgaria in anticipation of the summer season
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022
