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NYSE needs a second center that can operate the market when something like this happens (Original Post) RB TexLa Oct 2012 OP
It's bass ackwards BeyondGeography Oct 2012 #1
They do. They went completely electronic today. The floor isn't a necessity. I'm sure they have kysrsoze Oct 2012 #2
I know it really isn't but I bet they won't open tomorrow RB TexLa Oct 2012 #4
Well, they didn't really "close".... Curmudgeoness Oct 2012 #3
Like in Beijing. nt valerief Oct 2012 #5
NYSE has been preparing for this since 911. aletier_v Oct 2012 #6
They don't need the physical "floor" anymore. It's all electronic. kestrel91316 Oct 2012 #7
They have servers in NJ Tsiyu Oct 2012 #8

kysrsoze

(6,021 posts)
2. They do. They went completely electronic today. The floor isn't a necessity. I'm sure they have
Mon Oct 29, 2012, 09:49 PM
Oct 2012

complete redundancy in multiple spots.

Curmudgeoness

(18,219 posts)
3. Well, they didn't really "close"....
Mon Oct 29, 2012, 09:50 PM
Oct 2012

There was still electronic trading, and isn't that really all there is these days?

But you are right, they should not close down over a storm, even a big storm.

aletier_v

(1,773 posts)
6. NYSE has been preparing for this since 911.
Mon Oct 29, 2012, 09:52 PM
Oct 2012

I'm surprised it's not well known.

I imagine you'll eventually see the NYSE substantially reduced or closed, especially if this is an effect of global warming.

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