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by Derek Loosvelt | February 24, 2011

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The wide world of Wall Street trading desks is well known to be brutally competitive, but I never knew things got this rough: Earlier this week two UBS traders in Sydney knocked knuckles in a big-time brawl "over the handling of a line of stock during the trading session." The fight was so serious that both haven't been back at work since (that is, UBS told them to hit the showers). Fortunately for us, a trading assistant recorded the whole thing (including the knockout punch) on his iPhone. Let's roll tape:

(The Australian)

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