The president of Amex was considering laying off traders like Maxwell. Would you support such a decision

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The president of Amex was considering laying off traders like Maxwell. Would you support such a decision or not? For about 120 years, traders at the American Stock Exchange

(Amex) used hand signals to relay information about their trades. But in April 1993 Amex introduced a pilot project to test the use of handheld computers in trading.

Previous attempts by the Chicago Board of Trade and by the Chicago Mercantile Exchange were not successful.

Amex is using simple, off-the-shelf equipment instead of the highly customized terminals used by the Chicago exchanges.

The project was the first in series designed to make Amex a paperless trading floor.

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