Hello. This may be a stupid question but what do floor traders do? (NYSE) I am watching CNBC and they are all running around in the background. Thanks in advance
NYSE, your probably seeing the specialists, in the blue jackets I believe. I'm actually curious about this too, I asked on the P&L Questions thread how does one be able to trade on the NYSE floor, no response unfortunately. But I am interested in this as well. Also want to know what will happen to any floor traders once the specialists go away?
There are different kinds of people on the floor. Some trade, some are runners, some are responsible for controlling. The different colors of the jackets belong to different companies.