How Trading on the NYSE Floor Has Changed, According to a Former NYSE Trader

Discussion in 'Wall St. News' started by ETJ, Jul 10, 2019.

  1. ETJ

    ETJ

  2. TommyR

    TommyR

    it will become quite weaponized. imo there is uncertainty on how much one should care what he thinks.
     
  3. d08 likes this.
  4. KevMo

    KevMo

    I can remember when they used to actually trade stocks at the New York Stock Exchange. Guys like that were called "2 Dollar Brokers." Total order-fillers. Guy likely never took Principal risk in his life.

    NYSE's main function for the last 20 years has been as a high-priced TV studio for low rent content.
     
    d08 likes this.
  5. d08

    d08

    Guy is just longing for easier times where he could make an easy dollar by just being there. Now that it's more precise and fairer (despite everything), he's talking about patriotism and charities - things that have nothing to do with actual placing of trades.
     
    zdreg likes this.