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After Ramping Up, Barclays Sheds NYSE Floor Operations

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Mark Melin
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Barclays, the British bank whose high frequency trading activity had been the subject of consternation, has continued its global pullback, exiting its long-held post at the New York Stock Exchange.

After Ramping Up, Barclays Sheds NYSE Floor Operations

Barclays sheds NYSE posts following other major banks

Barclays surrendered its post to Global Trading Systems, a New York-based electronic trading firm that favors computers over humans, perhaps benchmarking a trend that is almost entirely complete....

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Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.