Reported about 1 year ago
Peter Tuchman, also known as the 'Einstein of Wall Street,' shared his experiences from starting on the New York Stock Exchange Floor in 1985 in a recent chat on Opening Bid with Yahoo Finance's Brian Sozzi. Tuchman highlighted the old days of stock trading where teletypists like him played a crucial role, taking up to 7 days for a stock sale to clear amidst the lively, chaotic atmosphere of the NYSE floor filled with traders, clerks, and market makers.
Source: YAHOO