philip lelyveld The world of entertainment technology

21Sep/20Off

Traders set to don virtual reality headsets in their home offices

vr-trading-1“If people really can’t come to the office, can we create a virtual presence?” Beatriz Martin, UBS UK chief executive, told the Financial Times. “We are thinking about experimenting with the tools that are out there.”

UBS has set up a working group focused on “reimagining the trading floor,” which has also considered setting up screens on traders’ desks with camera feeds from their co-workers to encourage collaboration.

This month, JPMorgan Chase summoned senior traders back to the bank’s tower blocks in Canary Wharf and midtown Manhattan in a move praised by US President Donald Trump. But the bank has already been forced to send staff home from its New York trading floor after an employee tested positive for COVID-19, according to Bloomberg.

See the full story here: https://arstechnica.com/information-technology/2020/09/traders-set-to-don-virtual-reality-headsets-in-their-home-offices/

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