Re:Oil Traders May Be the Only Ones Who Want Yahoo to Survive
by test_log_5 on Thursday June 02, 2016 @06:59PM
(#11826847)
I don't believe the article to be ridiculous at all.
I work in physical trading and use yahoo on a daily basis to trade swaps, execute physical deals, and chat with customers. If yahoo were to drop support unexpectedly, there would be a pretty large problem.
We have already been briefed by our IT departments that we are moving to another service with the front end being one of the following - IceChat(from the ICE exchange), Reuters, Bloomberg, Trillian. Although Yahoo will be the back-end in protocol sense, I believe that will be phased out once the trade migrates to another service.
It's a bigger problem than most imagine and can't be executed at a drop of a hat due to legal compliance in logging all communications in the case something went awry or other similar situations.
I work in physical trading and use yahoo on a daily basis to trade swaps, execute physical deals, and chat with customers. If yahoo were to drop support unexpectedly, there would be a pretty large problem.
We have already been briefed by our IT departments that we are moving to another service with the front end being one of the following - IceChat(from the ICE exchange), Reuters, Bloomberg, Trillian. Although Yahoo will be the back-end in protocol sense, I believe that will be phased out once the trade migrates to another service.
It's a bigger problem than most imagine and can't be executed at a drop of a hat due to legal compliance in logging all communications in the case something went awry or other similar situations.