What's going to happen to the NYMEX?

Discussion in 'Trading' started by Kyle8285, Apr 26, 2008.

  1. Kyle8285


    Just want to get an idea from some of the more experienced traders on the forum. With trading going electronic, what's going to happen to all the floor traders, brokers and clerks? How long do you think this will take to completely phase out the trading pits and which trading pits do you think will still remain active for a while longer? Any input is appreciated as I'm considering a position as a clerk with a prop trading firm and would like to hear some different opinions. Thanks in advance