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>What happened to all the pundits on this list that were predicting the end
>of open outcry and the new dawn of computer trading? C'mon come out of the
>closet. It's funny if you back tested the concept, you would have been
>right. But guess what, the one exception is Chicago. We already had locals
>with over 150 years of pit trading tradition.
>WARNING:Once on an Omega list you never get off, not even if you die.
I believe the open outcry system will be replaced with an electronic system
within the next 3 years. The Emini is proof of the potential success.
Globex2 is a mess but when they get their act together it may become the
birth of the electronic system which replaces the open outcry.
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