# Professor Richard Sylla offers his perspective on the significance of the New York Stock Exchange moving to all-electronic trading indefinitely

1 Faculty News March 23, 2020 ![NBC News online logo](/sites/default/files/styles/246w/public/assets/images/con_037262.gif?itok=6hhedDRK)>

Excerpt from [NBC News](https://www.nbcnews.com/business/markets/silence-wall-street-new-york-stock-exchange-prepares-all-electronic-n1166426?cid=public-rss_20200323) -- “'It’s really a bit of a facsimile of what it once was,' said [Richard Sylla](https://www.stern.nyu.edu/faculty/bio/richard-sylla), a financial historian at NYU’s Stern School of Business and chairman of the Museum of American Finance. 'It’s a bit of a fossil now.'”

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