A Seat on the Exchange With Bob McCooey
In today's episode of The Weiss Investor, Kenny catches up with Bob McCooey, a former brother-in-arms on the New York Stock Exchange (NYSE) floor who now heads NASDAQ Asia Pacific.
The two dive into life as "two-dollar brokers" … independent traders at smaller family-owned firms who took on big banks to protect clients' investments.
Their discussion ranges from specialist units to the first generation of computer terminals to the nitty-gritty of buying and leasing one of the 1,366 available seats. No details are spared from these legends of financial history!
Plus, Kenny discusses how his wife helped shatter the glass ceiling as one of the first women in trading.
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Until next week,
The Weiss Ratings Team