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UK traders less distracted than German counterparts during World Cup
England may be famous as the home of football, but when there's a big match on, English stockmarket traders appear to get far less distracted than financial professionals in other countries. The European Central Bank on Monday published an in-depth analysis of global trading patterns during the 2010 World Cup, which provides a fascinating insight into how football matches affected markets. In England, trading volumes of FTSE 100 shares were 32pc below average during matches, but surprisingly dipped by only 26.5pc when the England team was playing. This is in stark contrast to Chile where market volumes were 79pc ... (full story)