Origin
Before the sixties or seventies, the banks' capital market businesses were mostly split into many departments, sometimes scattered at several sites, as market segments: money market (domestic and currencies), foreign exchange, long-term financing, exchange, bond market. By gathering these teams to a single site, banks want to ease:
- a more efficient broadcast of market information, for greater reactivity of traders;
- idea confrontation on market trends and opportunities;
- desk co-ordination towards customers.
Read more about this topic: Trading Room
Famous quotes containing the word origin:
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