Thought-provoking piece out from @aosipovich @WSJ on value of exchange trading floors:
$ICE $CBOEhttps://www.wsj.com/articles/coronavirus-shutdown-casts-doubt-on-value-of-exchange-trading-floors-11590053419 …
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Initial reactions/thoughts: -Floor is mostly about listings business for NYSE now -if trading improved w/o floor brokers, NYSE needs to explain floor value better -CBOE closing auctions went live recently, wonder if this will have an impact on share