General Discussion

morningfog

(18,115 posts) Sun Oct 28, 2012, 11:48 PM Oct 2012

Bracing for Storm, U.S. Stock Markets to Close

All United States stock and options markets will close on Monday as Hurricane Sandy approaches, reversing course as Wall Street braces for the storm to barrel through the heart of the country’s financial center.

The decision, made late Sunday night, leaves the American stock markets closed for weather conditions for the first time in nearly three decades. The New York Stock Exchange had previously planned on closing only its physical trading floor, while allowing for trading on its Arca electronic exchange. It has now decided to halt all trading.

The Nasdaq and BATS stock markets, which are built on electronic trading, also decided to close. The CME Group, which operates the Nymex commodities exchange, said earlier on Sunday that it would close its physical trading floor on Monday, though trading would continue on its electronic trading platforms.

http://dealbook.nytimes.com/2012/10/28/nyse-plans-to-close-its-trading-floor/

5 replies

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Bracing for Storm, U.S. Stock Markets to Close (Original Post) morningfog Oct 2012 OP

I was wondering. BumRushDaShow Oct 2012 #1

Sounds like a normal Monday to me. Ruby the Liberal Oct 2012 #2

What will those criminals do with nobody to steal from tomorrow? RagAss Oct 2012 #3

K&R. Heard that on the local news tonight. We already have a crawl of all closings on the TV... Rhiannon12866 Oct 2012 #4

k&R. (nt) Kurovski Oct 2012 #5

BumRushDaShow

(129,072 posts)

1. I was wondering.

Reply to morningfog (Original post)

Sun Oct 28, 2012, 11:53 PM

Oct 2012

The whole east coast is freaking out and they thought they could function around that. Maybe they were afraid someone would have a field day ripping people off with shady electronic trades...