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Re:Wall Street's WhatsApp Secret: Illegal Texting Is Out of ... by cm2187 on Friday March 31, 2017 @03:04AM (#14001722)
Mobile phones are banned on trading floors. It is just hard to enforce for the reasons you mention.
Re:Wall Street's WhatsApp Secret: Illegal Texting Is Out of ... by GenWintergreen on Friday March 31, 2017 @12:12PM (#14005215)
It's kinda a soft ban though, and hard for any MD to enforce when they're the most guilty of it.
Re:Wall Street's WhatsApp Secret: Illegal Texting Is Out of ... by billpg on Friday March 31, 2017 @07:18AM (#14002680)
They still have trading floors? I thought all trades went electronically these days.
Re:Wall Street's WhatsApp Secret: Illegal Texting Is Out of ... by cm2187 on Friday March 31, 2017 @08:07AM (#14002891)
Only on some very specific and liquid products (shares, FX, futures, perhaps certain bonds). Most products still trade over the counter (i.e. by phone).