NYSE's Putnam's role to change

Jerry Putnam will be remembered as the man who really helped bring a new trading model to the New York Stock Exchange. The acquisition of his Archipelago service in 2005 by the Big Board may end up ranking as one those pivotal moves in the history of the exchange. He was always seen as more of a visionary, and it is not surprising that his role at the NYSE is now morphing. According to Financial News Online, he will be giving up all managerial responsibility and moving into an advisory role--from Chicago. He says he's accomplished what he set out to do. So this seems like he is being put to pasture, just as the war for order really heats up.  

For more:
- here's the article from Financial News Online