Thain positions NYSE for the future

Say what you will about John Thain, he has certainly made his mark on the New York Stock Exchange. The Big Board will mark a watershed today when it votes on the controversial Archipelago deal. Few doubt that it will be approved. The future is still cloudy, and the days of outright hegemony are over. But Thain is signaling that he intends to compete. The next major step would be to close down the floor. That would be simply stupendous but not completely far-fetched either.

> Here's an Associated Press Q&A.

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