Profile: UBS on the past and future of fixed income

Swiss bank's fixed-income trading floor is home to two distinct businesses

Chris Murphy, UBS: “We needed to do something radically different”

It doesn't matter how senior you are – there are some doors at UBS that you cannot pass through. Chris Purves, the bank's global head of macro flow trading, demonstrates by pressing his card against the reader. A red oval lights up. "There you go," he says. "I'm not allowed in."

The door is on the foreign exchange, rates and credit (FRC) trading floor at UBS's 100 Liverpool Street office in London and is set into a glass partitioning wall. On the other side is what Purves refers to as "the

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to View our subscription options


Want to know what’s included in our free membership? Click here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here