I think those NYSE trading floor ffulks with the funny jackets ought'a stop playing wid demsselves an getta life!
The guys in the funny jackets, aka “specialists,” are the last of a dying breed.
Most of the volume and the overwhelming majority of shares are now traded by computer, which leads to such things as last May’s “flash crash.”
Most of the volume on the NYSE isn’t initiated by human decision. Over 60% of the volume is the result of fully computerized buy/trade/sell programs.