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Moving On Up-Stairs

Traders Magazine, March 2007

Michael Scotti

Call it a sign of the times at the New York Stock Exchange. As trading on the floor dries up, the ranks of independent floor brokers continue to shrink. Last month, six key employees at NYSE floor broker Doyle Miles & Co. shuttered their operation and joined W.J. Bonfanti. It was a good move for both firms, according to Craig Rothfeld, executive director at Bonfanti, an agency broker with trading operations both upstairs and on the…

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