Life After the Big Board Goes Electronic – part 2

"The Baruch Business Report offers a conversation between John Elliott, the Dean of Baruch’s Zicklin School of Business, and Robert A. Schwartz, the Marvin M. Speiser Professor of Finance in Baruch’s Zicklin School of Business. They discuss the impact of the New York Stock Exchange’s introduction in Spring 2006 of a “Hybrid Market,” a carefully designed, complex system that combines traditional floor-based trading with a fast, electronic platform. European markets as well as some markets in the U.S., including NASDAQ, have introduced this ahead of the NYSE. Learn about the effects on trading and market efficiency there and what that might mean for the NYSE. The conversation takes place on October 26, 2006."