Independent voices from the TWT Communities
The New York Stock Exchange is being sold to a little-known rival in Atlanta for about $8 billion, ending more than two centuries of independence for the iconic Big Board.
The Big Board just isn't so big anymore.
Stocks fell moderately Friday as investors continued a sell-off that began a day earlier over worries about the pace of the recovery.
"The trading floor, while iconic, may seem to be an anachronism in this high-speed world of electronic this and electronic that, but it still survives because the customers that use the trading floor still see the added value of having some human intervention," Mr. Costa said in an email.
"The trading floor, while iconic, may seem to be an anachronism in this high-speed world of electronic this and electronic that, but it still survives because the customers that use the trading floor still see the added value of having some human intervention," Costa said in an email.
