Art Cashin, a renowned market pundit and the UBS director of floor operations at the New York Stock Exchange, has died at the age of 83, UBS said.

Art Cashin was UBS’ director of floor operations at the NYSE and a man The Washington Post called “Wall Street’s version of Walter Cronkite.”

Bob Pisani, Cashin's friend and CNBC reporter, described him as "that rarest of creatures: a man respected by all, bulls and bears, liberals and conservatives alike" and "a great drinker and raconteur,