Art Cashin, New York Stock Exchange Fixture for Decades, Dies at 83
On July 1, 2022, the financial world bid farewell to a beloved icon as Arthur Art Cashin passed away at the age of 83. With a career spanning several decades, Cashin was a prominent and respected figure on the floor of the New York Stock Exchange (NYSE), serving as the director of floor operations for UBS Financial Services until his death.
Cashin’s illustrious career in the financial industry began in the 1960s when he joined Thomson McKinnon. He quickly rose through the ranks and became a member of the NYSE in 1964. Known for his sharp wit, encyclopedic knowledge of the markets, and colorful bow ties, Cashin was a familiar face on the trading floor, where he became a treasured figure among traders and colleagues alike.
Throughout his tenure at the NYSE, Cashin earned a reputation as a savvy market strategist with an uncanny ability to interpret and explain market movements. His daily newsletter, the Cashin’s Comments, provided investors with insightful analysis, market commentary, and a touch of his trademark humor. His astute observations and market insights made him a trusted source of information for investors seeking to navigate the complexities of Wall Street.
In addition to his role as a market commentator, Cashin was also a mentor and teacher to countless young professionals entering the financial industry. Known for his generosity, wisdom, and willingness to help others succeed, Cashin’s legacy extends far beyond his achievements in the markets.
Beyond his professional accomplishments, Cashin was a man of diverse interests and talents. An avid historian, he had a deep passion for studying military history and could often be found sharing fascinating anecdotes and insights with colleagues. His love for classical music and literature added depth to his character, making him a multifaceted individual whose interests extended far beyond the world of finance.
Art Cashin’s passing marks the end of an era on the NYSE trading floor. His presence, wisdom, and infectious personality will be dearly missed by all who had the privilege of knowing him. As the financial world mourns his loss, we remember Art Cashin not only as a legendary figure in the markets but also as a kind-hearted mentor, a brilliant strategist, and a true gentleman whose legacy will endure for generations to come.