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Browse: Home / MONEY / Stocks

Who are the people on the floor of the NYSE, and what do they do?

S Z: Who are the people on the floor of the NYSE, and what do they do?
Also what are they doing when they’re typing in information in their computers?

Answers and Views:

Answer by WhereTheBuffaloRoam
those are the people who are swindling your money from you when you buy and sell stock. they are submitting orders to buy and sell stocks to make cash.

Looks like a crazy job.

Answer by Chucko
People on the floor do the actual trading of the NYSE positions that investors are buying and selling. Some are trading their own positions (large investment firms), some others are running between phones and people holding stocks their customers want to buy, and buying them.

This is in comparison to the NASDAQ market, where everything is traded over a computer system.

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