There is, perhaps, no better symbol of the American economic system than the New York Stock Exchange. Today, while still the largest by stock market in the world by trade volume, the NYSE is one of many global markets. And much of the yelling and screaming has been replaced by the gentle whir of computers and algorithmic trading. Technology moves markets. But with algos and dark pools and even the occasional hacked Tweet that wrongly sends markets tumbling in seconds, the technology cuts many ways. Where will it take us next? Few would have better insight than Lawrence Leibowitz, Chief Operating Officer of the NYSE/Euronext. Larry has responsibility for operations management, global cash execution and global listings, and he joins us now. (Originally broadcast 5-5-13 on The John Batchelor Show)
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Lawrence Leibowitz, COO, New York Stock Exchange/EuroNext
Posted by Chris Riback on May 7, 2013
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