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Economic Data (USA)

Wednesday, December 28, 2005

New York Stock Exchange® Floor Traders to Pay $5,000 per Year for e-Broker Handhelds

The New York Stock Exchange® will soon be charging floor traders $5,000 per year to use the e-Broker handheld computers which they currently use in conjunction with the open-outcry system of trading @ The Big Board. The new fee is one of many cost-cutting measures that The Exchange is implementing as it prepares to become a for-profit, publicly traded company.

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