Traders at hedge funds, brokerages and other firms told Financial News how they are navigating the market fallout from the Ukraine crisis, as oil and other assets swing and volatility spikes.

We're "not seeing panic, but I’m down 30bps and growing," said one London hedge fund manager, abbreviating basis points. "But [I] don’t think businesses are being directly impacted, as Russia and Ukraine are not integrated into the global economy. Energy risk is the main thing to think about but I feel like it’s reflected now in market prices."