New York Stock Exchange Had the opportunity to walk around the NYSE last week. A few of trading booths/posts had been renovated and some older ones were still standing so it was a great opportunity to see the difference between the two and how antiquated the older set-ups are. Another thing that stood out was the consolidation business affairs into a single room/floor and the decrease in personnel due to technology taking over the need to have people doing business face to face. No flip-flops. Also got to see the software traders use to monitor the market and make trades. The market manager that gave the overview made it look easy but he admitted that he wouldn’t be able to keep track of all the constantly changing variables without the help of a handful of algorithms and alerts he had set-up behind the scenes. Field trip during the middle of a work day? Sure why not.
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New York Stock Exchange

Had the opportunity to walk around the NYSE last week. A few of trading booths/posts had been renovated and some older ones were still standing so it was a great opportunity to see the difference between the two and how antiquated the older set-ups are.

Another thing that stood out was the consolidation business affairs into a single room/floor and the decrease in personnel due to technology taking over the need to have people doing business face to face.

No flip-flops.

Also got to see the software traders use to monitor the market and make trades. The market manager that gave the overview made it look easy but he admitted that he wouldn’t be able to keep track of all the constantly changing variables without the help of a handful of algorithms and alerts he had set-up behind the scenes.

Field trip during the middle of a work day? Sure why not.

Source: instagram.com

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