Kimsey: Credit Crunch Hits Screen Counts

The survey, which estimates the global market for trading floor services to cover 65,000 firms and more than half a million trading positions, predicts continued headcount reductions in developed market centers such as London and New York as a result of the credit crisis. Stephen Kimsey, author of the report, says that as trader numbers fall, screen counts will follow-albeit with a slight lag.

"With rolling contracts, sometimes it's easier to remove people than remove the technology for the