Electronic vs. Floor Based Trading

• Corporate Author: SpringerLink (Online service)
• Other Authors: Schwartz, Robert A. (Editor), Byrne, John Aidan (Editor), Colaninno, Antoinette (Editor)
• Format: Electronic eBook
• Language: English
• Published: Boston, MA : Springer US, 2006.
• Series: Zicklin School of Business Financial Markets Conference Series Baruch College
• Subjects: Finance.; Science.; Finance, general.; Science, general.

Historically, specialists and other floor brokers, in direct contact on the trading floor, have been at the heart of operations at the national U.S. equity exchanges. At the other end of the spectrum, electronic trading platforms have characterized most other equity markets globally for many years....

Table of Contents:

• Getting the Trades Made
• Increasing Returns by Decreasing Trading Costs
• Operations of a Floor Broker
• Achieving Best Execution Through Market Structure Development
• Electronic Trading
• Hybrid Markets
• Electronic and Floor-Based Trading: The Nyse Hybrid Market
• The Economic Value of a Trading Floor: Evidence from the American Stock Exchange.