On March 23, 2020 the NYSE suspended floor trading because of COVID-19. Using a difference-in-differences analysis around the closure of the floor, we find that floor traders are important ...
The trading pits of yore are mostly dead. A few years ago even the CME announced that it would permanently close most of its remaining open-outcry trading venues in Chicago. It felt like the end of an ...
“I’d say all the easy stuff is gone.” At any moment in the storied past of the NYSE, the trading floor looked like organized chaos, a riotous surging crowd of traders waving paper tickets, gesturing ...
Platforms for trading on the stock market have had an incredible journey. This history exemplifies innovation, from the ...
For Peter Tuchman, a senior floor trader who's spent over four decades at the New York Stock Exchange, the excitement the day after the elections was euphoric. "Look, the bottom line is ...
High-frequency traders do this millions of times each day with thousands of stocks, usually making a tiny profit on each trade that quickly adds up. On March 23, 2020, the NYSE suspended floor ...
From Joe Saluzzis Twitter feed, the Themis Trading co-founder tweeted, Congratulations NYSE on the successful launch of BABA. Now thats how an exchange gets it done. But not all tweets were snark ...
He helped push back against the Wall Street stereotype of skullduggery and excessive greed, said Stephen Guilfoyle, a veteran of the NYSE trading floor. “We’ll remember him for the example he ...
The New York Stock Exchange (NYSE) extends warm wishes for a prosperous, healthy, and joyful Lunar New Year. May the Year of ...