Score one for the humans.
Box Options Exchange, an all-electronic equity options market, has won regulatory approval to set up an open-outcry exchange in Chicago in stark contrast to the trend that has sent most trades to computers.
Venues with human traders buying and selling in markets have been vanishing over the past decade with the growing availability and advances of technology. While some open outcry remains in the options market, Box has won the first approval for this kind of exchange in years.
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