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Try to move a 1000 or even 100 lot S&P's on Globex and you'll see the
advantage of open outcry for the foreseeable future :))
When you absolutely have to move it in a heartbeat, open outcry is best for
large orders and liquidty.
TH
Andrew wrote:
>Best of both worlds?
>Electronic Stock Exchanges have been around for quite a while.
>And they work very very well. Yes, NYSE is floor but most of the
>rest of the world is virtual. And has been that way for quite while.
>If Cantor fails to make an impact, it will be by side in the US until
>the next challenger steps up.
>For the rest of the world, it should prove to be a different story.
>EU is mostly (all?) electronic. Down under is electronic.
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