Wall Street’s Sleepy Trading Floors Get the Jolt They’ve Needed

  • Will it last? Who knows? But now it’s oxygen for the banks
  • The spasms could herald a shift to more normal U.S. markets
Bloomberg’s Julie Hyman gives a crash course on why volatility has returned to Wall Street.(Source: Bloomberg)
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Good news, Wall Street: Your traders are trading again.

Evidence of the impact of unpredictable, at times frenetic markets was obvious everywhere in recent days. Traders who typically pick up their phones to exchange tidbits of information asked to speak after the close. Capital markets bankers cut meetings short to run back to their desks. Everyone was checking their dating apps far less frequently.