Most stock exchanges today use floor trading with human brokers. Is this statement true or false?

Answer

The statement "Most stock exchanges today use floor trading with human brokers" is false.

Explanation:

While traditional floor trading, which involves human brokers physically executing trades on the trading floor of a stock exchange, was once the norm, the landscape of trading has significantly changed. Most stock exchanges now primarily operate through electronic trading systems, which allow for faster and more efficient transactions without the need for human brokers on the floor.

Electronic trading platforms facilitate high-frequency trading and algorithmic trading, where trades are executed by computers based on predefined criteria. This shift has led to a decrease in the reliance on human brokers and floor trading. Prominent stock exchanges, such as the New York Stock Exchange (NYSE) and the Nasdaq, have embraced this technology, and while some elements of floor trading may still exist for certain transactions or for traditional purposes, the majority of trading is now conducted electronically.

Thus, the statement does not accurately reflect the current state of stock exchanges today.