Wall Street Traders Are Stuck To Their Desk With Virus Arriving

Wall Street Traders Are Stuck To Their Desk With Virus Arriving

Assessment

Interactive Video

Business

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses the challenges faced by Wall Street during the coronavirus pandemic, emphasizing the need for traders to work from their primary desks due to infrastructure and compliance requirements. It highlights the lack of contingency plans for pandemics, unlike other disruptions like terrorist attacks. The discussion also covers the importance of communication compliance and the potential need for company-issued mobile phones. Finally, it explores global backup and recovery strategies to ensure continuity in trading operations.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

How have past events like 9/11 influenced Wall Street's preparedness for disruptions?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the implications of having disaster recovery sites in every region for traders?

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