From what I have heard, over the past ten years the floor presences of many market making firms on many of the larger exchanges, at least on the derivatives side, (CBOE, AMEX, PHLX) has been greatly diminished as many traders find it easier/more comfortable to trade from nearby offices, as well as on virtual exchanges like the Ise. Is it possible that in 20-30 years down the line everything will be done virtually, with no need to maintain a floor presence?
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mmmmm dark pools. floors
mmmmm dark pools. floors are pretty irrelevant as it is for hte most part, I cant imagine how redundant theyd be in 20-30 years.
I think the CBOT will be
I think the CBOT will be empty in 10 years. It will make a nice sports bar though.
www.sharpeinvesting.com
NYSE is already dead. I
NYSE is already dead.
I visited one of our floor brokers one day and literally all i heard from everyone i spoke to is "this place is dead but you should have seen it 10 years ago".
Popular things from what I saw
Watch movies
online poker
sudoku
Flash based games
AIM
"Oh - the ladies ever tell you that you look like a fucking optical illusion?"