Free Site Registration

Floor Brokerages Remake Themselves

Downstairs upstairs at the NYSE

Traders Magazine, August 2008

Nina Mehta

Brokerage firms that once made their living solely on the floor of the New York Stock Exchange-downstairs-are few and far between these days. The surviving firms that have outlasted the industry's move to electronic trading did so by reinventing themselves. Some moved a good portion of their operations off the floor-to upstairs desks. Others have tried to broaden their trading niche more gradually as they expanded into new services for customers.

Get access to this article and thousands more...

All TradersMagazine.com articles are archived after 7 days. REGISTER NOW for unlimited access to all recently archived articles, as well as thousands of searchable stories. Registered Members also gain access to exclusive industry white paper downloads, web seminars, online technology directory, the iPad App, and conference discounts. Qualified members may also choose to receive our free monthly magazine and any of our e-newsletters covering the latest breaking news, opinions from industry leaders, developing trends and trading strategies.

Already Registered?