Russia’s Sberbank launches trading unit the size of a square in a small town

By Andrei Skvarsky.

Russia’s biggest lender Sberbank has launched a huge financial sales and trading unit fitted with cutting-edge technology in its headquarters in Moscow.

The Trading Floor, which, according to a Sberbank statement, is the largest bank trading unit in Europe, has a floor space of more than 4,000 square metres (about 44,000 square feet) that can seat more than 400 personnel.

Up to eight personal computers with up to 12 monitors can be installed at each desk.

The Trading Floor is an atrium under a glass and concrete ceiling and galleries along the perimeter.

There are two large light-emitting diode (LED) displays with a pixel pitch of 1.2 millimeters on the edges of the room.

The galleries house the investment banking and advisory, investment research, and business management and development divisions. Most of the workspaces, which make up the sales, trading, structured products and electronic markets divisions are located in the vast area on bottom level.

Sberbank’s head of global markets, Andrey Shemetov, who took a group of reporters on a tour of the Trading Floor, said the massive concrete bars crossing the glass ceiling have different spaces between them to prevent light from making uncomfortable reflections on the monitors.

Because of the design of the ceiling-based air conditioning system, streams of cool air do not blow directly onto the people down below, he said.

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