TP ICAP Slams Working From Home, Says It Hampers Risk-Taking
- Firm tells its brokers to work five days in office, if safe
- Markets ‘uncommonly quiet’ due to home work, depressed yields
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Real risk-taking happens in the office. That’s the view of the world’s largest interdealer broker, TP ICAP Group Plc.
The firm warned in its interim results that markets are “uncommonly quiet,” with depressed yields providing fewer opportunities to trade.