NYSE seats going down $$$$

C Robinson · Oct 21, 2003

CNBC just reported the sale of 2 seats going for $1.3 million(each), down from last sale of $1.8.

Tea · Oct 21, 2003

holy haircut!

spyderman · Oct 21, 2003

Bring back Grasso!

Riskmanager · Oct 21, 2003

Any January NYSE-Seat Futures tradable on Tradesports.com ?

Tea · Oct 21, 2003

Quote from C Robinson:

CNBC just reported the sale of 2 seats going for $1.3 million(each), down from last sale of $1.8.

If this trendline keeps on, these specialists are going to have to start turning tricks in the train station bathroom in order to hold it all together.

waggie945 · Oct 21, 2003

How seat prices to the NYSE haven't changed much ( with this latest sale at $1.3 million ) since the late 80's.

Pabst · Oct 21, 2003

This Forbes article from 1999 was written right after the high trade of 2.6 million for a NYSE seat. Some good historical references in this piece.

http://www.forbes.com/forbes/1999/1011/6409121a.html

I can remember as a teenager in the 1970's when a NYC taxi cab medallion sold for more $ than a NYSE seat.

C Robinson · Oct 23, 2003

http://money.cnn.com/2003/10/22/markets/nyse_seat/index.htm