Re: What will happen when open outcry pit desappears ?

[tagteam@xxxxxxx (James F. Mazzulla)]

>There was rescently a posting on this forum remarking how on
>one US futures exchange, 'locals' become redundant within weeks
>of introduction of the electronic order matching.
>
>What I would like to ask is whether this novelty will change
>nature of the trading ?

Nope, people like you will continue to lose money.