-
London Traders Brace for Marathon in Election All-Nighter
Britain’s election campaign has left voters divided on their next government. That means an all-nighter for John Wraith, UBS Group AG’s head of U.K. rates strategy, and many colleagues in London’s financial world. “I’m going to come to the office after lunch and put in a 24-hour shift,” said Wraith, who expects to be glued to his screens starting at about 10 p.m., with little time for a food break until mid-morning Friday. “I’ve decided I’d rather be here the whole way through as the polls close and the results start to filter through.” Measures of volatility for the pound jumped before the ... (full story)