In a sign of the shift in financial marketplaces toward digital platforms, the Hong Kong Exchanges and Clearing Ltd. shuttered its physical office space this week, intending to turn some of the area into a museum for future generations to see how the exchange functioned in its glory days.
The move away from physical infrastructure has been long-coming, with the number of traders on the actual floor declining yearly to less than 200, from a high of over 900. As digital trading has become increasingly ubiquitous for markets around the world, the physical trading floor has become something of a dinosaur, with most traders enjoying the flexibility of digital freedom…
Read Full: Sign of Times: Hong Kong Stock Exchange Trading Floor Closed to Be Turned Into Museum
