April - Sars hits trading in HK

HSBC was first to react, sending 50 dealing staff, including FX and fixed-income personnel, to a back-up trading floor in Kowloon.

But as more dealers across Hong Kong and Singapore were quarantined as infection rates worsened, trading rooms struggled to perform on reduced head counts.

Even forex business in Canada was hit later in the month when the World Health Organisation recommended avoiding travelling to the city in response to a pocket of infection there.

That produced the biggest Sars-