'This Is A Meltdown': Tension Turns To Panic On Dramatic Day In City

March 10, 2020 by admin

‘This is a meltdown’: Tension turns to panic on dramatic day in City

Traders reacting to oil plunge and coronavirus say they have not seen such chaos since 2008

By 11am on Monday, the atmosphere on the London trading floor of spread-betting firm ETX Capital was electric.

Extra staff had been drafted in amid a surge in trading after oil prices plunged overnight and European markets tumbled due to coronavirus fears.