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In 2005, the New York Stock Exchange Made a Smart

question 321

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In 2005, the New York Stock Exchange made a smart move to increase its competitive position, it merged with a firm that owned state of the art electronic trading technology.


Definitions:

Festinger & Carlsmith

Researchers known for their 1959 study on cognitive dissonance, which investigated the effects of forced compliance behavior on attitude change.

Primates

A group of mammals that includes humans, apes, monkeys, and prosimians, characterized by a large brain, opposable thumbs, and complex social behaviors.

Simple Tools

Basic implements or devices designed to perform a specific function or task, often with a simple construction and operation.

Symbols

Objects, characters, figures, or colors used to represent abstract concepts or ideas.

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