Stock Market Floors

If a trader wants to buy a stock they would yell out their order and their counterpart who s selling the stock will signal that they ve come to an understanding.

Stock market floors. The floor where trading activities are conducted. The stock market trading floor has an environment similar to an auction with floor brokers and floor traders gathering around specialists where they negotiate prices until they arrive at an amount. A stock market floor is no place to read a company s financial statement quietly it works as a large noisy auction house. The new york stock exchange is temporarily closing trading floors and moving to fully electronic trading next week to prevent the spread of coronavirus exchange operator intercontinental exchange.

It was home to traders and brokers who did the actual buying selling and negotiating on the physical exchange. Support is the dollar price where there is more demand.