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Ep. 93: Kenny Polcari: Trading Lessons From The Dot-Com Bubble To The 2008 Crisis

Investing With IBD

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The New York Stock Exchange's Conversion Process

The New York Stock Exchange converted from decimal to decimals in 2000. The conversion process took six months because you couldn't just change 5000 stocks between NASDAQ and New York. In November of 2000 came we were fully automated, fully automated but that's when all of a sudden they shoved the handout on brokers.

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