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The New York Stock Exchange’s fabled floor traders, fearing steeper job losses in their already diminished ranks, are an endangered species.
Since 2002, the NYSE has condensed from five rooms to one with two trading floors. While there used to be some 5,000 floor brokers and support staff during the Exchange’s 1990s peak, the number ...
The New York Stock Exchange is clamping down on errors among its last remaining floor trading firms, a strict disciplinary push that some traders say could drive them out of business.
The New York Stock Exchange made the decision this week to temporarily move to electronic trading, starting Monday, in response to COVID-19. It means closing down the trading floor at the corner ...
Ed note: The NYSE re-opened its trading floor on Tuesday, March 26th. What follows is a contributed item from Michael Higgins, CEO of Velox Clearing As the words “NYSE TRADING FLOOR TO OPEN TOMORROW” ...
New broker stations contain areas where traders can sit down for the first time in their careers, part of a $10 million renovation at the New York Stock Exchange.
Traders on the floor of the New York Stock Exchange will be permitted to wear jeans on Thursday as Levi Strauss Co. officially goes public for the first time in decades.{mosads}The stock exchange s… ...
Of the 13 registered exchanges in the U.S., only the New York Stock Exchange continues to use human floor traders—the rest are 100% electronic. But in 2020, the NYSE suspended floor trading due to the ...