Everyone likes to talk about tablets these days – especially iPads. What were discussions on cell phone trading in the early part of the last decade are now conversations about trading on iPads. As you’ll see from my comments, I’m not sold that institutional traders will really ever see much need to trade from iPads (let alone trading away from the desk at all), but they certainly are compelling when it comes to consuming content whether market data or research reports. All of that said I do love my iPad, but in no way is it replacing more laptop (or cell phone for that matter).
“I still think there are more efficient ways for an institutional trader to trade rather than to sit there and tap away. If you were really going to be actively trading, I think you would still open up your laptop.”