Wednesday, June 16, 2010

MATIF pits

Some footage of the MATIF (Marche a Terme International de France) exchange in Paris. Someone even setup a MATIF Facebook page for those who read French with photos, links, videos, etc... From my understanding, the MATIF floor went away in a matter of months after electronic trading was introduced. It's too long a story to recount here the reasons how and why (it involved floor trader strikes) but it's done wonderfully elsewhere such as the book Electronic Exchanges.