they are leaving because computers are now the specialist and faster than any human can trade.
NYSE laid off human specialist for some stocks. as for highly liquid stocks, you don't need human specialist. you'll need a broker if you want to unload large orders at the best price with crashing the price.
NYSE laid off human specialist for some stocks. as for highly liquid stocks, you don't need human specialist. you'll need a broker if you want to unload large orders at the best price with crashing the price.
Quote from jd7419:
Bullshit. I have 2 specialists in my immediate family. Both wealthy from back in the day, both now leaving the business. Where do you come up with this nonsense?