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Senin, 30 Maret 2020

Inside Wall Street's coronavirus-fueled trading frenzy that's creating massive paydays

Much of Wall Street's trading force is now working home offices and living rooms, as the coronavirus pandemic has rendered the world's financial headquarters a ghost town.
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NEW: Inside Wall Street's coronavirus-fueled trading frenzy, where historic shocks of volatility are creating massive paydays

Much of Wall Street's trading force is now working home offices and living rooms, as the coronavirus pandemic has rendered the world's financial headquarters a ghost town.

But a smaller number of essential traders are still trekking into largely deserted offices.

Many Wall Street trading desks are minting enormous revenue hauls amid the frenzied selling. In one month during the period, a trading group at JPMorgan more than doubled the figure it typically earns.
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