The NYSE has been under pressure to become more of an electronic-trading model and ditch its centuries-old floor auction model.

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Now the NYSE itself has gone public, and Thain is replacing its antiquated floor-trader model with the electronic wave he pushed at Goldman.

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It does give Nymex, which is planning on an initial public offering later this year, a critical boost in electronic trading to complement its traditional open-outcry floor-trading model.

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Neiderauer, a former Goldman Sachs partner and senior trading executive there, is said to have a disdain for the floor-based trading model.

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Neiderauer, a former Goldman Sachs (nyse: GS - news - people ) partner and senior trading executive there, is said to have a disdain for the floor-based trading model.

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This model involves coils and magnets which move under the dance-floor to create a charge.

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Extras: My test model was equipped with power monoroof, navigation, Outback logo floor mats, matte finish woodgrain trim, keyless start and 2-position memory driver seat.

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Under the hybrid model, most stocks would trade electronically and customers could ask for a floor broker to handle trades.

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Throughout Tuesday's committee hearings and floor debate on health care reform, Democratic legislators repeatedly noted how Romney's Massachusetts plan served as a model for the federal plan Republicans seek to eliminate, including the individual mandate detested by conservatives.

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