How Secret Currency Traders’ Club Devised Rates in World’s Biggest Market
It’s 20 minutes before 4 p.m. in
London and currency traders’ screens are blinking red and green.
Some dealers have as many as 50 chat rooms crowded onto four
monitors arrayed in front of them like shields. Messages from
salespeople and clients appear, get pushed up by new ones and
vanish from view. Orders are barked through squawk boxes.