Thain reassured members during the conference that he was not abandoning the floor trading system.
The Grade I-listed building on Victoria Street needs the under-floor heating system replacing.
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.
The combination enables the integration of voice data into Bloomberg Vault to produce electronic records in near real-time, and it will work with any existing trading floor recording system.
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There are some fully electronic trading firms looking to hedge their bets on the demise of the floor-trading system.
But Archa's treasured movable floor and hydraulic system were damaged beyond repair.
Marcus Plummer, from Cardiff, was one of the first to take advantage of this expertise back in 2001 when he called on Win to help develop his wooden floor draught excluder system - Stopgap.
Those were difficult times--when the future of the exchange's floor-based auction system was in doubt.
NYSE's floor-based trading system, in which shares are bought and sold through a few firms known as specialists.
The NYSE has been battling competition from more-electronically oriented trading networks as well as dealing with public relations and regulatory problems that have called into question the effectiveness of its floor-based auction system.
He insists that the traditional system of floor-based traders who make markets in assigned stocks and step in and put up their own capital in times of extreme volatility, like Tuesday, will stick around.
Under the system, the floor for the players' share of the revenue is set at 47%.
Members would give up their seats at the NYSE, which would then develop a licensing system for distributing floor trading rights.
Eurodollars were still trading on the floor in the open outcry system, and a Parisian interloper called Euronext Liffe saw an opening.
Like its larger sibling, the SS-AR2 loudspeaker is a 4-unit, 3-way floor-standing vented box speaker system.
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As on the previous floor, there was an improvised system of metal pipes to remove the exhaust from a gas heater.
There were fire alarms and flashing lights on each floor, and a public address system instructed us to take the stairs, not the elevators.
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.
The auction system that dominates the NYSE floor operations "will sink or swim on whether it continues to add value, " says David Humpreville, the president of the Specialists Association at the NYSE.
It is awaiting regulatory approval of its hybrid plan, which would increase electronic trading of listed stocks but still preserve its 200-year-old auction system using specialists on the exchange floor.
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.
With new regulations favoring automation-- and indeed the NYSE has its own plan to push greater automation on the trading floor-- the future of the specialist system has been called into doubt.
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 is really fulfilling to have the system accepted so rapidly by the factory floor operators.
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.
The 12, 700-square-foot Energy Star-certified house was crafted from low-toxic materials, withstood air tightness tests on the insulation, and has a water furnace geothermal system that provides hot water, radiant floor heat and air conditioning.
Here are a few tips to shop your closet, make old things new again, and renew your excitement for getting dressed in the morning, once you have gotten past the fact that getting out of bed requires getting over the shock to the system when your feet hit the cold floor.
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It has been discovered that the Airwave radio system's signal is variable on the ground floor.
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We are on the ground floor of growth in India, Russia and Africa, where system sales grew at strong double-digit rates.
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Each of the cars has a special spot on the floor, positioned to best accentuate its curves with the lighting system.
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