Shark floor-cleaning devices, owned by Euro-Pro Operating LLC, overhauled the design of its electronic Sonic Duo floor cleaner, set to launch in April, after tests revealed how strenuously some people used it.
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It serves the automotive interior market by providing seats, electronic systems, floor consoles, and door and front panels.
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Known as the "Big Bang, " for the many changes made at once, the 1987 deregulation moved trading from the floor to electronic screens and blew away barriers to entry, bringing in bankers and businesses from around the world.
They had seen electronic exchanges wreak havoc on floor brokers in Europe, and they didn't want to lose the business.
They had seen electronic exchanges work havoc on floor brokers in Europe, and they didn't want to lose the business.
Niederauer will look over NYSE's cash equities operations, including institutional and member firm group sales and client services for both the exchange floor and the electronic network acquired in last year's merger with Archipelago Holdings.
Ms Diallo testified that she had entered no room on the floor of the suite in which she claimed the assault took place, but electronic records show she entered another guest room on the floor - room 2820 - both before and afterwards.
LIFFE, which had been in the process of building a shiny new trading-floor, has become an electronic exchange.
Otherwise, the CES show floor is absolutely littered with electronic ink also-rans, hybrids, and new screen technologies looking to knock-off the incumbent Kindle, underlying E Ink technology, and Amazon juggernaut.
At the same time, it promised to keep the pits open until trading volume became insignificant, spruced up its electronic trading software, passed out 250 handhelds to traders, opened a computer room so that floor brokers and traders can practice online trading and courted electronic trading groups popping up worldwide.
Now the NYSE itself has gone public, and Thain is replacing its antiquated floor-trader model with the electronic wave he pushed at Goldman.
But, as electronic trading has sapped business from the trading floor, many desks are unmanned and traders have left to conduct business "upstairs"--on a computer.
For many, it was hard to tell which side of the system broke down worse--the electronic messaging system or the dwindling number of floor-based traders who use it.
The joke is that with so much of the trade now electronic and at other marketplaces, the trading floor on Wall Street is primarily a backdrop for CNBC.
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 boom over the last six years coincides with the introduction of electronic trading side-by-side with floor traders at the Chicago Mercantile Exchange (nyse: CME - news - people ) and the Board of Trade.
Speed is certainly the reason by NYSE bought Archipeligo Holdings last year and made changes that have meant the elimination of most of the specialist brokers who once crowded the floor in favor of a new electronic trading system that only pumps trades to human brokers when there is high volatility.
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.
The NYSE has been under pressure to become more of an electronic-trading model and ditch its centuries-old floor auction model.
The trading floor lost a cadre of brokers thanks to electronic trading.
The U.S. Securities and Exchange Commission was mulling rule changes that threatened to put its 212-year-old floor trading system at a severe disadvantage to electronic rivals.
In 1992 the Merc launched electronic trading, but gradually so as not to roil floor brokers who would one day have to give up the pits.
Consumers no longer trust Toyotas because a defective gas pedal, or possibly a malfunctioning electronic throttle control system, or maybe a poorly secured floor mat, can cause them to surge out of control.
We haven't checked in with littleBits in quite some time and, honestly, it was a bit of a surprise to find the electronic tinker toys hiding in a quiet corner of the floor at Toy Fair this year.
About two weeks after I bought it, it slipped out of my hands and crashed onto the hardwood floor in my apartment, effectively scrambling its little electronic brain.
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Thain, a former banker at Goldman Sachs Group (nyse: GS - news - people ) (which incidentally advised the two parties in the transaction), has been studying ways to boost electronic trading on the exchange without stepping on the toes of its floor traders.
It offered an electronic contract, which was faster and cheaper because it cut out the floor broker.
There are some fully electronic trading firms looking to hedge their bets on the demise of the floor-trading system.
While originally designed to protect regional exchanges from the NYSE, in practice it has protected the NYSE, with its floor-based open-outcry trading system, from new electronic exchanges.
In particular, NYSE owners, many of whom are traders with an interest in the continued existence of a trading floor, are likely to resist moves towards an all-electronic format, and may even stymie the deal.
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