21 December 2016

Once the world’s largest, UBS trading floor now nearly vacant

What a difference a decade makes.

Back in pre-financial crisis days, the UBS trading floor in Stamford, Conn., — once the world’s largest — had more than 5,000 traders slamming phones and kicking trash cans.

Fast forward to today and the near-vacant building — larger than a football field — has been put on the sale block, since the Swiss bank hasn’t been able to restock its trader ranks after the 2008 financial crisis, the Wall Street Journal reported.

At its peak, the 40-foot-high room was the state-of-the-art trading floor for stock, bond and currency traders.

Link: Once the world’s largest, UBS trading floor now nearly vacant
Link: #1 New York Times Bestseller on the financial crisis 'The Big Short: Inside the Doomsday Machine'

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