Moving into a brand new trading floor is a big deal. It’s not just about lining up desks, hooking up the phones and hoping that the coffee maker in the kitchenette is ready to work at 8:15am. The new ...

A veteran trader on the importance of calming your mind after the markets close. The first time I walked onto a trading floor I was a new employee of Goldman Sachs (GS) on July 6, 1987. The sheer mass ...

Cboe Global Markets said it plans to reopen its Chicago trading floors on June 8, but the Chicago exchange operator expects only half the traders will return at that time. The trading floors have been ...

New research shows it pays to use floor traders—even in the age of algorithms. Artificial intelligence seems to be edging into nearly every sector of human activity. But a new study from the ...

If the floor traders do see less volume, that could mean fewer traders and fewer specialists will be needed to manage trades. While the big Wall Street firms such as Bear Stearns, Goldman Sachs, ...

I began my non-academic career in the Research Department at the NYSE, during the Dick Grasso Era. Back then, the Dow was below 10,000 – and the floor was packed with people. It was not unusual to see ...

When does safety supersede symbolism? In the case of the New York Stock Exchange, it may be as early as this week following another emergency rate cut by the Federal Reserve on Sunday to combat the ...

The New York Stock Exchange made the decision this week to temporarily move to electronic trading, starting Monday, in response to COVID-19. It means closing down the trading floor at the corner of ...

Algorithms have increasingly replaced stock traders over the past few decades, but a new School of Management study has found that market quality decreases when humans are removed from the equation.