On the New York Stock Exchange, all buy and sell orders are routed through a single 'specialist,' guaranteeing that most small trades can be matched directly. But most larger trades are delivered to the specialist on the floor of the exchange by human brokers, a system that big investors view as increasingly inefficient.
The old boy network is still very strong and very true. Just look at the stock exchange and how many men and women are there. It is still very much run by men.
We think that in Mexico, online trading of shares and financial instruments is not going to be as important as it is in the U.S. On days that there is a banking holiday in the U.S., you hardly see any movement here on the stock exchange.
Ironically, the original Detroit Stock Exchange once sat less than a thousand feet from StockX headquarters here in downtown Detroit. It is only fitting that we are going to build the next iteration of the world's most efficient market invention almost in the same spot.
Broadcasts from the floor of the New York Stock Exchange have propelled once-obscure financial journalists such as Maria Bartiromo to celebrity status and made CNBC to investors what ESPN is to sports fans.
We invite American companies looking to raise capital to list on the Bahrain Stock Exchange. The region has a liquidity oversupply approximating $1 trillion and this pool of capital can be tapped into by creative American companies. The next Facebook may very well get funded on the BSE.
We would much prefer to see ownership in the hands of the Maple Group, if only because we would much rather see Canadian ownership of our stock exchange. What we are first of all interested in is making sure that Montreal is able to preserve that niche or expertise.
I was like, 'I don't get out of bed for less than $21 an hour!'... I temped at Chanel and the New York Stock Exchange, and then I'd come home and write.
I worked on the floor of the New York Stock Exchange back when they used to write tickets. And I was just a runner. So a guy would write a ticket and I would run it, and it was endless. That was a hard job. And I dug tungsten... for a coal company in Wyoming one summer, and that was pretty miserable.
I'm a blue-collar kid who went on to become a successful entrepreneur. I was the youngest CEO in the history of the New York Stock Exchange. Now I've served my country for six years in the House of Representatives.
