Transcript: New York Stock Exchange - CFO Interview

Article from:
CNBC/Dow Jones Business Video
Article date:
April 23, 2004
Author:
Copyright

Consuelo Mack
CNBC/Dow Jones Business Video
04-23-2004
CONSUELO MACK, CNBC CORRESPONDENT: Former all-star Wall Street analyst Amy Butte was hand-picked by the Big Board`s new CEO, John Thain, to start a new era at the New York Stock Exchange, one of transparency and accountability. But little did she know that in some respects the 200- year-old institution was still operating in the dark ages.

(BEGIN VIDEOTAPE) AMY BUTTE, CFO, NEW YORK STOCK EXCHANGE: A good example of how we want to change the past is the fact that all the people here at the New York Stock Exchange still do their T&Es by hand. We have a great electronic trading floor, yet we don`t have automation on our own travel ...

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