UBS Group is experimenting with virtual reality headsets to simulate the trading floor, according to the Financial Times. Microsoft HoloLens headsets are being tested by the bank.

At a time when COVID cases are increasing, banks are struggling to bring their employees back into a trading environment, and are looking at alternative technology solutions.

"If people really can't come to the office, can we create a virtual presence?…We are thinking about experimenting with the tools that are out there," Beatriz Martin, head of UBS in the UK head, is cited as saying.