That pic was taken before they opened their trading floor. And their intention was not to launch a 'Pit' as we know it. But to allow certain types of trade that regulator wise, are hard to be done electonically.
====floor trading for yourself vs day trading on computer?=== it does not matter, as long as one knows what he is doing
And when you say as long as you know what you're doing, does that mean perfecting the old school floor trading hand signals?
can someone just answer my question it people are still trading on the floor today there must be a good reason for it
There are still a few pits trading on the floor. The SPX and VIX at the CBOE being the main ones. The people in there generally are in larger well capitalized groups.