New York Stock Exchange upgrades trading floor

The New York Stock Exchange (NYSE) is bringing technology up to date on its trading floor as part of a £5.1m revamp.

According to the Financial Times modern workstations which support multiple screens are replacing wooden cubicles at the NYSE. A Starbucks is also opening on the floor.

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The move is a reflection of the meteoric growth of computerised trading, with traders able to trade in multiple venues in multiple financial products on computers.