Bond and currency dealers baulk at the thought of joining back office

While an official rule allows only 10% staff in office on any working day, trading typically requires dealer presence on the floor. And banking is an essential service

With lockdown restrictions getting lifted, bond and currency market dealers are being asked to report back, but in batches.  

While there is an official rule that only 10 per cent staff can be present in office on any working day, trading typically requires dealer presence on the floor. And banking falls under essential services. 

However, modern technology and web-based platforms have ensured that dealers can work from anywhere if they have a good internet connection. However, such a system is not as efficient for tick-by-tick trading that a location-based dedicated terminal can offer. These terminals, again, are very costly.  

“For now, there is