According to Newsweek, Wall Street is turning into a street just like any other street. The notion of "Wall Street" as a distinct location is losing its relevance as institutions decamp to other parts of the city or even to New Jersey or Connecticut. The move to electronic trading will only accelerate this erosion of Wall Street's power base:

"For generations, the Stock Exchange has been the anchor of the financial district, and its home—on Wall Street—has evolved as shorthand for an entire industry, in the same way Broadway has for theater. But now that the NYSE is headed to an electronic future, Wall Street's status as a power center will inevitably slip."