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Floor Brokers Making Their Calls

Traders Magazine, September 2005

Peter Chapman

NYSE floor brokers are making over 12,000 cell phone calls per day on average and taking in another 5,600, according to a recent regulatory filing by the Big Board. Most calls made by brokers are going to their booths. The rest are made to upstairs desks on the sellside and the buyside. Those calls brokers receive are split evenly from their booths and outside the exchange.

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