The president of the New York Stock Exchange explains how the 226-year-old company is merging tech with humans

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 42 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

Stacey Cunningham, NYSE's president, talks about what it's like to ensure that a long-standing pillar of stock trading continues to evolve.

Hollis Johnson/Business Insider

The speed at which markets now operate means trading venues need to be up on cutting-edge technology.just as it has kept certain traditions that helped it grow into the largest stock exchange. Cunningham told Business Insider in an interview that figuring out how tech and tradition can work together is a key part of her job.

The exchange has worked hard over the years to get the two sides to gel, Cunningham said. Now, people can focus on more important and complex events, such as the opening and closing auction and the price-discovery processCunningham's focus continues to be on how the NYSE can better use technology while maintaining the traditions of a 226-year-old company. It includes reviewing the older practices the exchange carries out to determine which ones still provide value to customers.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in BUSİNESS

Business Business Latest News, Business Business Headlines