Ubs Trading Floor Before And After
Sonders before picture shows the facility in all its former glory.
Ubs trading floor before and after. Rick friedmancorbis via getty images ubs has been trying to lease the building since 2014 and has moved many employees into a. Back in pre financial crisis days the ubs trading floor in stamford conn. Today her after picture of the ubs facility is worth 1000 words. For a bit of history ubs set up the worlds largest trading floor in stamford connecticut right before the financial crisis.
Ubs warburg will sharply reduce size of energy trading unit it acquired from enron corp less than year ago and shut down enrons former trading floor in houston. Ubs has washed its hands of its football field size trading floor in stamford conn. By the time then and now pictures of stamford during its trading heyday versus the vast emptiness after its restructuring surfaced the metamorphosis was complete. Once the largest in the world.
The trading floor was a sign of the swiss banks largesse during the pre. In order to employ reasonable efforts to minimize potential market impact arising from the handling of market orders ubs will apply marketable limit prices to clients directed market orders. Royal bank of scotland had a similar sized trading floor across the. Fast forward 8 years later when all thats left of the ubs trading floor and the legacy of that version of wall street is this.
The firm which controls the debt on ubs former trading floor has begun shopping the mortgage to potential buyers but isnt expected to recoup the debt since ubs has vacated the. Once the worlds largest had more than 5000 traders slamming phones and. Trading operation which had about. What a difference a decade makes.
At its peak the ubs trading floor in stamford connecticut was one of the largest in the world. Today her after picture of the ubs.
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