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Touching on another of the traders' concerns, Follin said she was keen to increase communication with stallholders, was already meeting with the traders' federation and had plans to improve a traders' newsletter.
Making it mandatory for exchanges to centralize their limit order books would allay some traders' concerns because it would sharply increase their chances of having orders filled, Sauter says.
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After Cohn announced his intention to do just that, stock traders, concerned that Trump might now be in a position to do even more damage, starting selling en masse.
A worse than expected fall in US private sector employee numbers unsettled the markets briefly, with traders concerned about the implications for Friday's non-farm payroll figures where the current concensus is for a 184,000 increase in employment.
Part of the problem, government investigators suspect, was that the traders' mounting concerns were not relayed to the upper echelons of the bank.
RBS had received complaints from two clients – in October 2010 and January 2012 – about the activities, and in November 2011 one of its traders raised concerns, which were not heeded.
Traders said concerns over bank margins in a negative interest rate environment were hurting the bank sector after central banks in Europe and Japan hinted in January that already low interest rates could be cut further.
The Shanghai exchange, which will reopen on Monday following a long shutdown for Chinese New Year, will come under pressure from nervous traders amid concerns that a steep fall in stock market values this year is a harbinger of a broader global economic slump.
Traders were concerned by signs of weakness in the detection business and about the size of its pension deficit.
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