Traders on the New York Stock Exchange trading floor described the session as fairly typical.
Not to mention the hubbub about what will happen to the infamous New York Stock Exchange trading floor.
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The New York Stock Exchange debunked rumors that its trading floor had flooded, but the exchange and its peers were preparing for the need to go all-electronic in an effort to have at least some semblance of a trading session at some point this week.
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But the Neiman shows the trading floor of the New York Stock Exchange, rather than his customary jock kitsch, and the over-all feel of the offices is boardroom, not locker room.
When stocks started to plummet that day, trading at the New York Stock Exchange slowed down while its floor-based human brokers tried to sort out good orders from bad.
Housed in a former bank building, it has an indoor swimming pool and basketball court, a rooftop adventure playground overlooked by the stock exchange, a ballroom-sized auditorium on the former trading floor, and much more.
Driving Paulson's huge investment in hardware, software and communications links is his belief that the days of the conventional trading floor are numbered--and that the stock, options and commodities exchanges have been in denial or too sluggish to do much about it.
The Amex's traders will be relocated to the New York Stock Exchange, where there is plenty of room for them on the trading floor due to the rise of electronic trading.
The New York Stock Exchange on Wednesday had reopened for trading after a two-day shutdown, and floor brokers were low-key and unemotional.
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Another change since 1987, when the floor of the New York Stock Exchange was the home of most U.S. stock trading, is that now trading doesn't occur only in specified locations but on multiple exchanges in a virtual world.
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