Traders Go On Honor System To Not Insider Trade, Manipulate Markets

Truly, we live in amazing times. While the coronavirus has shuttered trading floors around the world, trading goes on apace—and thensome. Working (and socializing) from home has become so easy people can’t get enough of stocks called “Zoom,” even if they’re the wrong Zoom. And services that enable banks and others to the phone calls traders make to, you know, trade are booming.

Unfortunately, like our healthcare infrastructure in the face of a pandemic, our technological infrastructure isn’t exactly up to the task of everyone working from home. This means a lot of dropped or malfunctioning calls. This may not seem like a big deal, but in light of, you know, certain things, regulators are pretty prickly about not being able to listen in those calls. Luckily, the FCA and ESMA have a solution that doesn’t rely on such finicky technology.

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