Business continuity plans sometimes present unfamiliar offices and equipment, which carry stresses that only add to what traders see on their monitors
Traders work on the floor of the New York Stock Exchange in New York, the US. Picture: REUTERS/BRENDAN MCDERMID
For now, though, such “business continuity plans” are proving frustrating for those forced to commute to New Jersey or the London suburb of Northolt, and scary given the potential for disruptions caused by telephone or internet outages. “You not only get nightmares of a fat-finger error by you or one of your team members, but a slew of other things including cyber hacks or a trade not going through due to some error at the back-end operations,” he said.
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