Roughly half of the people surveyed have changed their average trade size, with more in the group increasing the size of their transactions rather than decreasing transaction size. More of the sell side are using IB and other chat tools to trade, and fewer are conducting trades over the phone in this new environment.
As the pandemic continues to impact markets, Bloomberg will continue to serve its customers better through more integration with their proprietary systems, third-party applications and improved terminal functionality. Since the start of the pandemic, remote working features from our terminal and Order Management solutions have been further improved and responses to market requirements in these volatile times have been swift. COVID-19 may have changed how sell-side traders use their tools, but not Bloomberg's commitment to making their lives easier.