Quote from rufus_4000:
But the floor trading at times is worse, it is an old boys club, where I will feed order to you, not because you have a better price, it is because you are my friend / uncle / father-in-law / drinking / coke buddy, it doesn't matter the client would get nicked a ticker here and there, it is all about keeping it in the club (family). Honestly, even as an exchange member, I haven't been to the floor for over 8 months now (I am not even in the same city), and I won't miss it a bit.
Very good point.
