BERNIE'S BLOG

Catch-phrase Alert! Bernanke Meets The Press.

Wednesday, April 27, 2011 | 12.00 am

I don't know about you, but I've always found it to be entertaining when the leaders of America's authoritarian allies are periodically paraded before the press corps after the coveted White House photo op with the President. Whether it's a Saudi Prince, an Afghan puppet or a Chinese President, reporters, worn out by the way our homegrown leaders refuse to directly answer specific questions, seem to particularly relish the opportunity to make the absolute rulers of millions squirm before the ...


IN THE PRESS

Cuttone & Company Featured in NYSE Next Generation Trading Floor Promo

Tuesday, June 08, 2010 | 03.22 pm

Cuttone & Co. was the first firm to move operations onto the NYSE's Next Generation Trading Floor platform

NEWS

The Wall Street Journal Features Cuttone & Company's New Trading Desk

March 11, 2010 | 03.56 pm

Some NYSE Traders Take a Seat, Finally

By Kristina Peterson

The New York Stock Exchange opened the first phase of its revamped trading area for floor brokers, giving some veteran traders the opportunity to sit down for the first time in their careers.

A spot on the New York Stock Exchange long has been called a "seat" in common parlance. But, in reality, many floor brokers work out of cramped, wooden booths with few actual chairs available. As part of a roughly $10 million renovation that began in July and is expected to wrap up by the end of this year, the stock exchange is building 200 new individual broker stations, with curved glass walls, brighter lighting and, most important, chairs.

"There are guys on the trading floor that for the first time in their career, they have seats," said Bernie McSherry, senior vice president at Cuttone & Co., the first company to move into the renovated area. "They're very excited about it."

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Cuttone & Company's NYSE Trading Desk Featured

March 11, 2010 | 03.18 pm

NYSE Installs Chairs as Stock Exchange Seeks to Recoup Business

March 09, 2010, 8:54 AM ESTBy Nina Mehta

March 9 (Bloomberg) -- The New York Stock Exchange is betting that letting traders sit down will help win back business at the 217-year-old market.

Cuttone & Co. yesterday moved more than two dozen traders into new stations with seats at the NYSE, where standing has been the norm since 1903. NYSE Euronext built the booths known as pods during the Big Board’s biggest overhaul since 1981, part of a plan to bring firms back to the floor after the number of traders shrunk about 70 percent to 1,200 since the 1990s.

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SVP Bernie McSherry Publishes Forbes Article

March 04, 2010 | 03.59 pm

Intelligent Investing

A New World Order Is Moving In

03.03.10, 02:20 PM EST

The world's economic axis is shifting because of Greece's sovereign debt issues and recent natural disaster  Recent events offer evidence that the ground beneath our feet is shifting, both literally and metaphorically, and scientists and traders alike are noting the effects. In the literal sense, Richard Gross, a geophysicist at NASA's Jet Propulsion Laboratory, estimates that the massive earthquake that struck off the coast of Chile last Saturday moved hundreds of miles of solid rock several yards, altering the Earth's axis by approximately three inches due to the shifting of such a substantial mass. A movement of that magnitude is rare; yet investors can be forgiven for being unimpressed. The axis of world economic power is also shifting as the aftershocks of economic crisis continue to alter the world order.

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