Foreign exchange traders do $100-million deals on their mobile phones

For the modern foreign-exchange trader, it’s now possible to find a date, hail a cab and trade $100 million — all through their mobile phone.
 
The world’s biggest financial market is embracing the iPhone era as investors find new ways to work when they’re not on the trading floor. In a JPMorgan Chase survey of more than 400 institutional FX, rates and commodities traders, 61 per cent said they’re “extremely” or “somewhat” likely to use a mobile trading app this year, up from 31 per cent in 2017.
 
However, half of the respondents, most of whom were FX