Endangered Specialist system

What do you think about specialists on NYSE closing their operations? Van Der Moolen, Susquehanna etc.

How has it been affecting profitabiltiy of trading of NYSE stocks?

I know tape reading Worldco style is a dead art.
 
I think it's great.

All electronic is the way to go. No reason to have a "specialist" clogging the market.

Decades of front running, stop running, and outright thievery will be the Specialists legacy.
 
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