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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: maceng2 who wrote (14895)	3/1/2007 7:00:31 AM
From: elmatador	Respond to of 218791

"uncharted future as NYSE embraces an electronic age." To whom does a computer glitch benefit? "layoffs have swept the floor, the need for brokers and other stock specialists is not lost on NYSE Group Chief Executive John Thain Traders have been clocking into work inside the NYSE’s marble columned building for more than a century. Beyond different hours and the introduction of handheld devices used to execute trades, the actual process hasn’t changed much the entire time. Some on the floor follow their fathers and grandfathers into the profession, making stock dealing a family business. Others rise through the ranks from a simple clerk to a broker making more than $1 million a year. All belong to a fabled fraternity. By 4 p.m., the steady hum comes to a dead stop with the sound of the closing bell. Except these days there are rounds of applause as some depart the building on the corner of Wall Street and Broad Street for the final time. eastvalleytribune.com