Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Dividend investing for retirement -- Ignore unavailable to you. Want to Upgrade?

To: JimisJim who wrote (30696)	2/11/2019 1:12:29 PM
From: Thehammer	Respond to of 34328

I don't miss the old days at all in many respects.. I just miss being younger if less informed. Technology has made so many aspects quite a bit easier. The only downside to technology is with hackers and scamming. a lot had to change in order to support the current environment. At one time trades were settled and cleared individually and the street communicated with paper. There were huge staffs dedicated to fixing differences. Automation, dematerialization (getting rid of stock certificates), centralized clearing and depositories all contributed to driving down the costs of a trade. Trade rooms used to be the noisiest places but are now relatively silent as the vast bulk of transactions are completed in the silent confines of a computer. I recall the first quote machine. You entered a symbol and got a single quote. Overtime, news and multiple quotes were added. In the really old days you had to call a trading floor for quotes or watch the ticker. If you build it they will come...