Technological evolution: A tour of the new trading floor of the New York Stock Exchange

The habitual appearance and decoration of the New York Stock Exchange, which are familiar to many from Hollywood films, are passing. They will be replaced by glass, round tables, a variety of huge screens and modern equipment for high-tech trading. In our today's material - a tour of the trading floor of the new generation.

The New York Stock Exchange was founded in 1817 and for almost a hundred years its leadership managed to hide the bidding process from prying eyes. The first photos of the trading floor appeared only in 1907 - and they were taken on a hidden camera:
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At the beginning and in the middle of the twentieth century, brokers used a telephone to enter into transactions:



Quotes were updated manually:



With the development of technology, the NYSE trading hall has evolved - more and more computers appeared in it, although the traditional crowd of brokers did not disappear anywhere. For example, the hall looked like this during the 1987 stock market crash:



However, everything ever ends, and the era of the traditional trading floor of the New York Stock Exchange has come to an end. The famous architectural bureau PERKINS EASTMAN designed the hall for a new generation of traders on the New York Stock Exchange. The NYSE Euronext joint platform received a unique hi-tech workspace for the convenience of organizing high-tech trading.



According to the customers, this should be a place where brokers communicate with their clients simultaneously in multiple markets and across multiple asset categories. And they do it as efficiently as possible, integrating and integrating operations in the stock exchange hall and beyond.



In the new hall it is planned to place separate rooms with seating positions and with several screens. Wooden booths, noisy and cramped, where brokers are usually stuffed with their assistants, will be removed.





The new design provides translucent, slightly curved glass partitions, modern lighting, which will be highlights on the marble walls, and original windows.



The space will be filled with extensive rounder tables for employees. The walls will serve as displays on which all sorts of useful and relevant things will be shown. The project involves the creation of approximately 200 brokerage jobs.

Other materials about the stock exchanges in the ITinvest blog:

• It's time to close: Stories from the famous stock exchanges of Chicago
• Hobby IT: As a system administrator and project managers become the creators of trading robots
• Wolves and sheep, zombies and lobster traps: A concise dictionary of stock slang
• How to recognize a person's emotions in his face: A test for employees of financial companies
• Quanta: the mathematical geniuses who conquered Wall Street
• CME Group: History of the world's largest stock exchange from Chicago