Charlotte 101.3 - Greenville 97.3 - Boone 92.9 - WSIF Wilkesboro 90.9
Play Live Radio
Next Up:
0:00
0:00
0:00 0:00
Available On Air Stations
Our Fall Fund Drive is October 25-31. Pre-drive is happening now. Click to donate. To volunteer to answer phones, click here.

NYSE's Plan for Automated Trading Worries Workers

The New York Stock Exchange's new CEO proposes changes to the exchange's traditional open-outcry auction process. John Thain says the exchange needs to adopt a more automated system of trading, but auctioneers who work the trading floor see a threat to their livelihoods. NPR's Jim Zarroli reports.

Copyright 2004 NPR

Tags
Jim Zarroli is an NPR correspondent based in New York. He covers economics and business news.