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    Default Traders get so distracted by World Cup that market volumes fall 40 percent

    iGaming affiliates aren't the only ones at work being sidetracked by the World Cup.

    A new study from Citi found that the World Cup is highly "distracting" to those working in the fixed-income markets.

    From an article from Business Insider:

    "We find that football is indeed distracting, subtly impacting market depth, traded volumes and execution cost," the Citi analysts David Bieber and Kim Jensen wrote to clients on Tuesday, adding that the distractions manifested differently for different products.

    Using data from this summer's World Cup and the one held in Brazil in 2014, Citi found that traded volumes could fall by as much as 50% during games, while the cost of executing trades increases sharply.

    "We identify large falls in traded volumes during matches by up-to 50%, while market depth / liquidity is more robust with execution costs only increasing between 5-20%," the pair wrote.

    Perhaps unsurprisingly, Citi found Europe to be affected more severely than the Americas.

    "Given the larger following of football in Europe, this is no surprise," the analysts said. "In the US, the football distraction increases costs by only 4% while in European markets it is more than 10%."
    Read the entire article here, including a detailed chart chart, showing just how much the World Cup is affecting trading: http://markets.businessinsider.com/n...8-7-1027339326

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    Default

    Those are some very interesting statistics all around. Great article.

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    Very interesting.
    Lucky us that the final take place at 6 pm Saturday

    Sent from my ASUS_Z00AD using Tapatalk
    Looking to buy Europe & UK Sport betting affiliate sites with traffic
    if you want to sell, go over google form and I will contact you.
    Google Form link

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