why in videos of stock traders at the stock exchange on Wall Street (especially in the 90s and such) are all of the guys shouting and clamoring? Are they putting in trades that way?

Question

why in videos of stock traders at the stock exchange on Wall Street (especially in the 90s and such) are all of the guys shouting and clamoring? Are they putting in trades that way?

In: 197

Answer 1

Once upon a time, yes. This was the stock exchange floor.

The yelling and waving traders were getting the attention of people whose job it was to watch the crowd and note the trades. The movies presented the most chaotic version of this for dramatic effect.

These days the floor generally exists just for show, tradition, and events. Many no longer have a floor at all. The actual trading is now done electronically.