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Re: What will happen when open outcry pit desappears ?



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James Mazzulla wrote:

>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.



Gee, Neal, do you figure that this could be why all the members of the Board
of Trade and Merc are selling their seats?  Or is the decline in seat prices
just a coincidence?  Wonder what those locals could be thinking about...
They're going to miss out on all the coming opportunities to use their
"trading skills"...


All the best,

The Omega Man