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For stock markets, the moment when humans matter

A string of messy stock market openings in recent weeks has reinvigorated a debate about the relative effectiveness of humans versus machines

For stock markets, the moment when humans matter
Photo: iStock

A string of messy stock market openings in recent weeks has reinvigorated a debate about the relative effectiveness of humans versus machines in handling moments of extreme volatility and market uncertainty.

On one side is NYSE Group, the Intercontinental Exchange unit that on Tuesday relied again on an unusual response to large market swings: Floor traders known as specialists opened action in some heavily traded stocks by hand in a bid to facilitate orderly trading.

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