Commercial real estate analyst jobs employment in tampa fl – Artofit

Image gallery for: Commercial real estate analyst jobs employment in tampa fl

Commercial Real Estate Analyst Jobs, Employment in Tampa, FL
Advertisement
Content Strategy & Creation for DBS

Mandara
Play Mega Millions Online Lottery Tickets

diw
Stryker Off Campus Drive 2021

MechoMotive
Technology News - A NYSE exec lays out data showing why the exchange is committed to reopening floor trading even as Wall Street adapts to remote work Read more Technology News Here --> https://digitaltechnologynews.com Michael Blaugrund, NYSE's chief operating officer, told Business Insider the exchange is fully committed to reopening its trading floor as soon as it believes it's safe to do so. Some market participants have questioned why exchanges' trading floors would reopen if the markets can continue to operate without issues. Blaugrund said that while NYSE has transitioned seamlessly to an all-electronic environment, there has been a higher level of price dislocation as a result of not having a physical trading floor. Visit BI Prime for more Wall Street stories. As more Wall Street firms consider the long-term adoption of changes made due to the spread of the novel coronavirus, one industry staple is eager to return the first chance it gets: the New York Stock Exchange's trading floor. Michael Blaugrund, NYSE's chief operating officer, told Business Insider the exchange is fully committed to reopening its iconic New York trading floor as soon as it believes it's safe to do so. No matter what, we're going to reopen the trading floor, he said. Blaugrund said there is no set timeline on when the trading floor could reopen, adding that there isn't even a specific threshold NYSE is following to judge when to make the move. NYSE is working with local, state, and federal authorities, all of whom Blaugrund expected to be supportive of them opening back up the trading floor at the earliest possible time. March 23 marked the first time in the exchange's history it moved entirely electronic. NYSE had been prepared to implement its contingency plan in 2012 during Hurricane Sandy, but the markets shut down completely instead. Yet, despite it being NYSE's first go at rolling out all-electronic trading on live markets, the process has gone fairly smoothly. In the face of continued market volatility, NYSE has been able to handle the transition without any noticeable impact. As trading continues with no major hiccups, some firms have begun to question if physical trading floors at exchanges are necessary at all. Vlad Khandros, the global head of market structure and liquidity strategy at UBS, said on a media call in March that clients of the Swiss bank have asked if the physical floors are needed. Keeping trading floors shut for good could also offer some cost savings for exchanges, as one market veteran estimated they could save more than $10 million a year from not having to maintain the physical buildings. However, Blaugrund said that while NYSE has been able to switch to all-electronic trading without much disruption, the physical trading floor still provides real value. He cited data posted to NYSE's website indicating trading was more efficient when the floor was open. On March 23 and 24, NYSE's opening auction price dislocation was 26% and 34% higher, respectively, than the average from March 1-20. Upticks of 60% and 13%, respectively, were also seen in the closing auction price dislocation for the same time periods. Blaugrund said the exchange made a few tactical changes in an effort to improve trading efficiency, adding it would likely make further changes. However, even if NYSE is able to close the gap, he remained firm that the exchange will eventually reopen its trading floor. He gave examples of how designated market makers, the floor traders that help to manage the liquidity and volatility of stocks listed on NYSE, still play much-needed role, particularly during critical market events. I think what we've seen over the first week really confirms our prior view, which is that pairing human judgment with technology allows for the superior outcome, Blaugrund said. We are capable of algorithmically closing securities based on our view of electronic order books. That's not a technical problem that is daunting. But acting purely mechanically can result in bad outcomes in certain conditions. To be sure, NYSE's trading floor value goes beyond just trading. The floor also serves as a marketing tool for trying to attract high-profile IPOs. CNBC typically broadcasts live from the trading floor as well, giving it additional clout and advertising. Blaugrund acknowledged the role the trading floor and DMMs play during the IPO process. I think listed companies get a real benefit from using the NYSE as a platform both for the media presence as well as the iconography of being at 11 Wall Street for their brands, for their product launches, and for their announcements, he added. But the reason the floor exists is that it's a working trading floor. SEE ALSO: A UBS exec lays out the benefits and pain points of all-electronic trading after coronavirus concerns cleared the floor at NYSE SEE ALSO: The CRO of $27 billion data giant Refinitiv says the coronavirus could permanently alter how it employs staff and serves clients SEE ALSO: CME and Cboe are clearing trading floors as coronavirus spreads, and one veteran trader thinks the millions they'll save will be too good to ever reopen the iconic pits Join the conversation about this story » NOW WATCH: How waste is dealt with on the world's largest cruise ship Source/Original Post -> https://www.businessinsider.com/nyses-coo-explains-importance-of-physical-trading-floor-2020-4 #tech #news #trending #leak #gadgets

Latest Tech News
Advertisement
GET INSPIRED | Bulo

OFFICE INSPO
Patrocinios
Members - Electric Vehicle Council

A electric vehicle battery health check company.
10 Inspirational Quotes for the New School Year

Quick Saves
Daughter quotes
API Evolution: From Legacy VoIP PBX to Modular Flexibility

4583007197740733
JLL logo vector in .EPS, .AI, .SVG free download

Brand logos
Advertisement
Advertisement
Advertisement
LG Suspends Shipments to Russia

News