Busy Nyse Floor

It s very different in person than it seems on television.

Busy nyse floor. Dick grasso a former head of nyse once called paywall the stock exchange the greatest show on earth so far the exchange s famous trading floor has mostly held off automation s advance. The new york stock exchange will partially reopen its. File in this monday march 16 2020 file photo traders work on the floor of the new york stock exchange near the end of the trading day. On thursday by 10 30 a m trading had been under way for an hour on the floor of the new york stock exchange.

All these venues compete for business as the place to transact but that place is really not on the new york stock exchange floor on wall and broad but more likely a data center such as ny4 in. The nyse was founded in 1792 and today billions of dollars exchange hands there ev. The action s orderly and the rooms aren t the caverns they appear to be on. Down a stone stairwell half a dozen traders sat in a dark room slumped in black.

The traditional stock exchange was a place to buy and sell company shares through the services of a stockbroker and his minions. This is most often seen during updates on financial news especially those broadcasted by cnbc and other financial news networks. 78 reviews of new york stock exchange i ve been on the floor of the nyse a couple of times and it s a great experience. In our top story nicole takes us on a tour of the new york stock exchange.

How does the stock market trading floor work. If you were ever curious to find out what the place you ve seen in the movies and on the news is really like i definitely recommend a visit. The traders who did.