Floor traders - look out!

[sandy_s]

CBOE is building an open outcry system which is scheduled to start in early 2022.

Exciting times!

 

[maxinger]

Indeed it will be exciting;

most likely it will be empty.

Nowadays almost everyone knows how to use gadgets like
computers, handphones ... and they will be trading online.

 

[d08]

Are they also planning to ride horse carriages to work?

 

[sandy_s]

Indeed it will be exciting;

most likely it will be empty.

Nowadays almost everyone knows how to use gadgets like
computers, handphones ... and they will be trading online.

Yah - I am waiting to see how they plan to make it relevant for the current times..

 

[maxinger]

Yah - I am waiting to see how they plan to make it relevant for the current times..

Who knows, those floor traders might be carrying high tech gadgets in the pit,
and they stare at each other while trading.

 

[sandy_s]

Are they also planning to ride horse carriages to work?

Green people will be happy with that

 

[sandy_s]

Who knows, those floor traders might be carrying high tech gadgets in the pit,
and they stare at each other to trade.

May be they can use something like amazon alexa instead of shouting...and retain their voice

 

[2rosy]

Who knows, those floor traders might be carrying high tech gadgets in the pit,
and they stare at each other while trading.

been that way for over 10yrs

 

[rb7]

It's a regulatory thing.
Electronic trading vs face-to-face trading (floor) are not viewed as the same for the SEC.
The SEC is more liberate with floor trading than with electronic trading because floor trading (in theory) can be supervised as opposed to electronic trading.

 

[twstn]

CBOE is building an open outcry system which is scheduled to start in early 2022.

Exciting times!

Who knows, those floor traders might be carrying high tech gadgets in the pit,
and they stare at each other while trading.

Virtual Reality floor traders in the pit!