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https://www.wsj.com/articles/the-day-coronavirus-nearly-broke-the-financial-markets-11589982288?mod=hp_lead_pos5

For those of us who work in the industry, this day will never be forgotten. I have never seen anything like it. The liquidity on the stuff I trade disappeared and even the bid/ask on treasuries was super wide.

I remember being in early trying to hit bids on some European stuff before I started getting calls from compliance about margin. I remember not taking a break until 3:30pm...not even to go to the washroom.

What an unreal day.



Submitted May 20, 2020 at 03:07PM by Annapurna__ https://ift.tt/2AGYKhe

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