Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Tsiyu

(18,186 posts)
Sun Oct 28, 2012, 08:26 PM Oct 2012

Delete if dupe: NYSE Suspends physical floor trading due to Sandy



http://www.680news.com/business/article/416336--new-york-stock-exchange-suspends-physical-floor-trading-due-to-hurricane-sandy

"TORONTO - Hurricane Sandy is set to overshadow the start of the trading week after the operator of the New York Stock Exchange said that it is suspending physical floor trading operations.

NYSE Euronext said late Sunday afternoon that while the exchange will remain open for trading Monday, it will invoke its contingency plan which involves trading all NYSE-listed securities on its Arca system, its fully electronic exchange.

The move by the NYSE came after it was announced that New York’s public transit system would shut at 7 p.m. EDT Sunday while 375,000 residents would be evacuated from low-lying areas of the city. Many major businesses in lower Manhattan are suspending or curtailing operations."

snip


Another site of interest:

http://gizmodo.com/5955575/hurricane-sandy-satellite-photos-and-videos-updating-live




Latest Discussions»General Discussion»Delete if dupe: NYSE Susp...