Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Red in Blue PA
You still have real people who are specialists and market makers. Those people like to be together while they work. Only orders are purely electronic.

The irony is that in the past, all the exchange personnel would have just hunkered down at a hotel (like the Millennium at the WTC) but it looks like they have realized that they will be stuck in a truly nonfunctional city today.

13 posted on 10/29/2012 4:43:56 AM PDT by Woodman
[ Post Reply | Private Reply | To 12 | View Replies ]


To: Woodman

Why can’t stocks be bid on like anything else? We really need “market makers”? Why don’t we need these same people for any other aspect of our lives?


16 posted on 10/29/2012 5:41:12 AM PDT by Red in Blue PA (Read SCOTUS Castle Rock vs Gonzales before dialing 911!)
[ Post Reply | Private Reply | To 13 | View Replies ]

To: Woodman

Why can’t stocks be bid on like anything else? We really need “market makers”? Why don’t we need these same people for any other aspect of our lives?


17 posted on 10/29/2012 5:41:32 AM PDT by Red in Blue PA (Read SCOTUS Castle Rock vs Gonzales before dialing 911!)
[ Post Reply | Private Reply | To 13 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson