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re: Anybody miss seeing the chaos madness on the trading floor at the stock exchange?
Posted on 10/1/26 at 11:59 am to el Gaucho
Posted on 10/1/26 at 11:59 am to el Gaucho
quote:
India is becoming the new world superpower and what better way to get in on the action
Jane Street was recently banned from India for overwhelmingly exploiting their market inefficiencies.
Posted on 10/1/26 at 12:15 pm to Byrdybyrd05
I got to walk the floor of it in 2018. It was super laid back, most of the "traders" were watching sports.
Would have loved the chance to do that before algos took over
Would have loved the chance to do that before algos took over
Posted on 10/1/26 at 12:18 pm to northshorebamaman
quote:
If you wanted IBM, you went to the IBM location. If you wanted GM, you went to the GM location.
Well how did that work? There were over 1,500 companies listed on the NYSE in 1980
Posted on 10/1/26 at 12:21 pm to CatfishJohn
Posted on 10/1/26 at 12:22 pm to Byrdybyrd05
quote:
Byrdybyrd05
I love all of the 1980 movie references on this site Posted on 10/1/26 at 12:23 pm to northshorebamaman
It's a semi choreographed dance among the participants. Hand signals meant something.Every word meant something. As an observer you would think it was pure chaos, but it wasn't. I sort of miss seeing the action, all the yelling and at times, the herd mentality as large groups would move between pits. I went about 3 years ago, it was quiet and maybe 1/20 th of the people who used to be on the floor.
Now if you ever wanted to see bonkers stuff, go to NYMEX about 20 years ago or the CBT. Fights, pay back.....like WWE......but it actually meant something.
Now if you ever wanted to see bonkers stuff, go to NYMEX about 20 years ago or the CBT. Fights, pay back.....like WWE......but it actually meant something.
Posted on 10/1/26 at 12:34 pm to Mootsman
quote:The 'location' is just where a guy was assigned to stand. It's a big floor.
Well how did that work? There were over 1,500 companies listed on the NYSE in 1980
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