Wall Street Takes Coronavirus Precautions

The video discusses the challenges of trading from home, highlighting risks, compliance, and volatility issues. It explores contingency plans and security measures for home trading networks. Additionally, it examines consumer banking security measures, such as bulletproof windows, and their limitations in protecting consumers.

What are some of the challenges associated with trading from home?

• Lack of internet access

• Limited trading hours

• Issues with risk and compliance

• High transaction fees

Why is trading in large amounts from home considered problematic?

• Because of limited market access

• Due to lack of trading platforms

• Because of increased volatility and compliance issues

• Due to high internet costs

What is a key consideration when setting up a home trading network?

• Ensuring fast internet speed

• Choosing the right trading software

• Securing the network

• Finding a reliable broker

What is a limitation of current security measures in retail banks?

• They are not user-friendly

• They are too expensive

• They are insufficient to prevent all risks

• They are outdated

What additional actions are being taken in response to the limitations of current security measures in retail banks?

• Implementing more security measures

• Reducing banking hours

• Increasing staff training

• Offering online banking services