| Sadly, another venerable American institution has lost its way: the New York Stock Exchange. We read the other day that the Exchange is building a fast-trade hub in northern New Jersey that supposedly will help secure its future in an increasingly electronic world. The Exchange will be installing in its new facility some very sophisticated computing equipment that will allow hedge funds to engage in high-frequency trading. |
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At www.rickackerman.com
At www.rickackerman.com
