NEW YORK: They might be tooting their own horn, but the New York Stock Exchange may have a point.
The event illustrates the difference in market structure between a fully electronic exchange and the Big Board, which has a hybrid system where the open and close are monitored by flesh and blood "Designated Market Makers" (DMMs), said Lou Pastina, executive vice president of operations at NYSE.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!