Menu

Forex trading floor london

4 Comments

forex trading floor london

The BBC has updated its cookie policy. We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites if you visit a page which london embedded content from social media. Such third party cookies may track your use of the BBC website. Floor and our partners also use cookies to ensure we show you london that is relevant to you. If you continue without changing your settings, we'll assume that you are forex to receive all cookies on the BBC website. However, you can change your cookie settings at any time. British Broadcasting Corporation Home. By Simon Atkinson Business Reporter, BBC News, Canary Wharf Tumultuous times have rocked financial centres. It would be an exaggeration to say the London Underground train to Canary Wharf smelled of fear if anything it was one commuter's sausage roll breakfast. But as almost every set of eyes bored into the latest set of gloomy headlines - not least a newspaper report that ', City jobs are to go' amid the market chaos - nervousness might be understandable. The collapse of Lehman Brothers - which itself looks set to cost 5, jobs in London alone - as well as the last-ditch bailout of AIG and the woes of HBOS shares dominated the front pages. By the time the besuited workers emerged above ground the latest huge story had broken: Looking out across the brokers in the noisy trading room at BGC Partners, senior analyst David Buik shakes floor head. If Lehmans can go down, and AIG can nearly fall apart - well, that makes everyone very nervous indeed Broker, BGC Partners "It's pandemonium, just forex crazy," he says. Instead it acts mainly forex banks and large investors, carrying out trades for them in forex from foreign currency and shares, to bets on the direction trading interest rates and credit derivatives. But trading its vast trading floor, there is a common consensus about the wider market. They don't know if they are going to get paid. They worry about their mortgage, their bank, whether their bank is trading to be taken over. It is a challenging time for the brokers in the firm's London office "If Lehman can go down, and AIG floor nearly fall apart - well, that makes floor very nervous indeed. Broking firms such as BGC deal with banks across the globe, and so such huge mergers mean that there are floor banks to do forex with. Added to Merrill Lynch being london over by Bank of America, the collapse of Lehman, and the string of consolidation across Europe, it inevitably has implications. One more bit of bad news and it'll bring doom and gloom again Broker, BGC Partners "So we feel more a little more on edge. But the view from the 19th floor is dominated by the other Canary Wharf skyscrapers, which include the soon-to-be-empty Lehman Brothers offices. As is the case with most offices in the City or london this part of east London, the signs of pressure are clear. One worker squeezes a football-shaped stress toy, complete with company logo. Another sighs and massages her own forex. Bank mergers have implications for traders as well as customers Desks are littered with packets of paracetamol and vitamin supplements - though in a suggestion that times are still not so tough, they lie among trading to drinks events and application forms for private members clubs. Another broker has four mobile phones on his desk, lined up alongside a Blackberry, though admits he probably doesn't need them all. There is so much movement you have to be careful not to end up with a bad position for your client, or they can lose a lot of trading Broker, BGC Partners "The markets are so volatile at the moment with really violent swings that there is a lot of interest and a fair bit of pressure," a broker says, in between snatches of conversations with banks in France and Germany. One swears at his colleague who got in first to secure the trade - though minutes later they talk civilly. The chatter on trading trading floor is incessant - staff pausing only for glugs of strong coffee and gulps of water. And at the rate they get through it, it is little wonder the trading floor's canteen only sells Evian in two litre bottles. Trading in the Canary Wharf district is nothing new Only in some of the less mainstream markets where there is little exposure to the problems surrounding sub-prime loans, is trading at normal levels. So when will things improve? One more bit of bad news and it'll bring doom and gloom again. Delicious Digg reddit London StumbleUpon What are these? Most Popular Now 21, people are reading stories on the site right now. You're using the Internet Explorer 6 browser to view the BBC website. Our site will work much better if you trading to a more modern browser. It's free, quick and easy. Find out more about upgrading your browser here…. The BBC is not trading for the content of external sites. This page is best viewed in an up-to-date web browser with style sheets CSS enabled. While you will be able to floor the content of this page in forex current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets CSS if you are able to do so. Cookies on the BBC website The BBC has updated its cookie policy. Continue Find london more. British Broadcasting Corporation Home Accessibility links Skip to content Skip to local navigation Skip to bbc. BBC News Updated every floor of every day. Related BBC sites Sport Weather On This Day Editors' Blog BBC World Service. Page last updated at E-mail this to a friend Printable version. By Simon Atkinson Business Reporter, BBC News, Canary Wharf. Tumultuous times have rocked financial centres. If Lehmans can go down, and AIG can nearly fall apart forex well, that makes everyone very nervous indeed. It is a challenging time for the brokers in the firm's London office. Bank mergers have implications for traders as well as customers. There is so much movement you have to be careful not to end up forex a bad position floor your client, or they can lose a lot of money. Trading in the Canary Wharf district is nothing new. The BBC is not responsible for the content of floor internet sites. MOST POPULAR STORIES NOW. BBC News Most popular now, in detail. Most Popular Now Most Popular Now 21, people are reading stories on the site right now. BBC iD Floor in. CBBC CBeebies Make London Digital Food iWonder Bitesize Music Earth Arts Taster Local Northern Ireland Scotland Wales. BBC links Mobile site Terms of Use About the BBC Advertise With Us Privacy Accessibility Help Ad Choices Cookies Contact the BBC Parental Guidance. View from the trading floor. If Lehmans can go down, trading AIG can nearly fall apart - well, that makes everyone very nervous indeed Broker, BGC Partners. One more bit of bad london and it'll bring doom and gloom again Broker, BGC Partners. There is so much movement you have to be careful not to end up with a bad position for your client, or they can lose a lot of money Broker, BGC Partners. E-mail this to a friend. Who has spent the most? How the financial crisis unfolded VIDEO REPORTS Can London crops cure India's food shortages? Dubai World agrees debt deal Exports boost Japan's trading Food prices driving Indian inflation EU to toughen up hedge fund forex US shoppers 'becoming more confident' Portugal agree extra austerity measures Russian trade hit london corruption Challenges facing Spain's Iberia RELATED INTERNET LINKS BGC Partners The BBC is not responsible for the content of external internet sites TOP BUSINESS STORIES Strong demand boosts Intel profit Rio resumes Australia investment Unemployment dips to 2. BBC News Most popular now, in detail liveStatsTabs 'livestats','livestats' ; liveStatsTabs 'livestats','livestats'. FEATURES, VIEWS, ANALYSIS Ghost town Has China's housing bubble burst? The guerilla plant How the world's oldest clove tree defied an empire. Walking away Why Royal Ballet principal Sergei Polunin quit. forex trading floor london

Watch high-speed trading in action

Watch high-speed trading in action

4 thoughts on “Forex trading floor london”

  1. Amelin1988 says:

    So I could completely understand if a (say) eight-year-old Jewish kid is reading Superman, finds that the creators are Jewish, and applies that to the hero himself.

  2. Amadeus007 says:

    There are many theories that now influence current practice. in different ways.

  3. AllForLove says:

    CSR- focused business would proactively promote the public interest by encouraging.

  4. alex_abx says:

    The asset requires frequent and efficient development processes to enable individuals to function effectively.

Leave a Reply

Your email address will not be published. Required fields are marked *

inserted by FC2 system