Broker Booth Support System - BBSS

Have you ever seen a movie about Wall Street where the investors are running around with bits of paper in hand, shrieking over one another? If you're like us, you've wondered how anyone keeps track of all those trades on scraps of paper...and evidently, other people did too.

The Broker Booth Support System is an electronic system designed to replace those paper slips. Operated from inside trading booths, Brokers enter all trade information into the system in real-time. It makes it easier to track sales of shares (if, for instance, it's been traded several times in rapid succession) and makes it easier to resolve disputes. There's even a handheld version introduced by the New York Stock Exchange for the more ADHD traders that need to move around a lot.

Occasionally, when the system goes down, traders have to resort to the old confetti system, but for the most part, the BBSS makes trading easier. And we'd have to think the person sweeping the floor at the end of the day has an easier job now too.