Traders get so distracted by big World Cup games that market volumes fall by 40%

World Cup games are highly distracting for those participating in financial markets, research from Citi has found.
"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.
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 sh