Joe: Question about being a Trader on the floor of the NYSE?
is it possible for a person to buy a seat or whatever so they can trade on the floor of the nyse as a individual on only trade their own personal money and none for anyone else. say they are not brokers. they just trade their own individual money.
John, what is the specialist system? also why is the floor going away. your answer is very interesting could you give me more details please?
Answers and Views:
Answer by Colin H
No.
The amount of money needed to buy a seat is in the Billions now.
You would have to have your own country to buy and sell your own money.
Answer by JohnGaltYes you can, but why ? The only real advantage to this is if you become a specialist, and the specialist system is going away. FOr that matter, so is the floor.
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