Chapter 04 · Section 4.1
Trading Floor Advantage
A major advantage of the trading floor system compared to the automated exchange system is:
b) that traders can see and hear each other, and thereby get a feeling for what happens in the market.
Yes. An important concern of a trader used to trading on an exchange floor is to "get the market feeling" - which is difficult to transmit per computer.
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a) that all trades are made by open outcry, which is not possible on the computerized system;
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