A story from Dow Jones about the FX desks in New York
“There are a very limited number of trades. We’re just trading for our customers, one by one,” said Mamoru Arai, senior currency trader at Mizuho in New York, who said they are operating with only two traders on the floor today, compared with more than a dozen on a normal day. “Actually, we are very busy today. Can I hang up now?”
No, you CAN’T hang up.
