By the end of 2017, the New York Stock Exchange (NYSE) will open up its trading floor to all U.S. securities. Currently, NYSE restricts securities trading on the floor to the top 3,166 stocks, according to a Reuters report.
The change means that, now, up to 8,600 securities can be traded by floor brokers.
So, how does this change meet with the rising popularity of electronic trading and what does this change mean for investors?