Business & Finance
Microsoft Outage Gums Up Markets, Forces Traders to Use Phones
Key Points
Microsoft Outage Gums Up Markets, Forces Traders to Use Phones Microsoft Outlook went dark on Rita Elkazzi just as a volatile week in markets was coming to an end. As swings in AI stocks and bonds kept traders on edge, the UBS Group AG execution-sales head for Australia and New Zealand was forced onto phones and alternative channels to communicate. “It’s been a bit of a disaster and I can’t believe still not resolved,” said Sydney-based Elkazzi.
Microsoft Outage Gums Up Markets, Forces Traders to Use Phones
Microsoft Outlook went dark on Rita Elkazzi just as a volatile week in markets was coming to an end. As swings in AI stocks and bonds kept traders on edge, the UBS Group AG execution-sales head for Australia and New Zealand was forced onto phones and alternative channels to communicate.
“It’s been a bit of a disaster and I can’t believe still not resolved,” said Sydney-based Elkazzi. “It means a lot more diligence on ensuring trade recaps et cetera are accurate.”