Why ‘paralysing volatility’ means trouble for Wall Street giant

There’s plenty of volatility, but what happened to the volume?

From stocks to currencies and bonds, the upswing in turbulence to start the year is chasing all but the bravest traders from financial markets.

Despite the recent rebound in US equities, the volume of shares traded in the S&P 500 Index is down 23 per cent.

Speculative bets on the direction of currencies have also dropped to the lowest in two years, while average daily trading among dealers in US Treasuries is close to a seven-year low…

Source: Why ‘paralysing volatility’ means trouble for Wall Street giant