NYSE to Put Cameras on Trading Floor
EXCHANGE TECHNOLOGIES
NEW YORK—The clandestine world of Wall Street will be a bit more transparent during the second quarter when the New York Stock Exchange (NYSE) installs cameras on its trading floor in an effort to avoid regulatory snafus, NYSE officials say.
The initiative will begin with a pilot phase that will place the cameras at 20 spots throughout the floor for approximately 18 months. "It's another tool to find out what's happening in the trading crowd," says Brendan Intindola, an exchange spokesperson.
The
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