Sunday, October 28, 2012

OT: New York Stock Exchange Trading Floor to Close, Starting Monday


(UPDATE) NYSE electronic market and NASDAQ will be closed on Monday, probably on Tuesday also. Sorry algos. The US stock index futures are slowly sinking, with Dow futures at minus 39.

=====================================

because of Hurricane Sandy coming their way. As humans evacuate, all the trading will be done on its electronic exchange. (Have fun, algos.)

From Zero Hedge (10/28/2012):

The NYSE has just released a statement clarifying its hours tomorrow - due to the storm:

  • *NYSE TRADING FLOOR TO CLOSE TOMORROW; ALL TRADING TO BE ON ARCA

So, hold tight as all those low-lying humans will have left the building in the calm thoughtful hands of Johnny-5 and his friends.

Via Bloomberg:

Oct. 28 (Bloomberg) -- The New York Stock Exchange said it will shut its trading floor starting tomorrow and invoke contingency plans to move all trading to NYSE Arca, its electronic exchange, as Hurricane Sandy heads toward the city.

“The re-opening of physical trading floor operations is subject to city and state determinations and local conditions; updates will be forthcoming,” NYSE Euronext said in a statement today.

NYSE Amex Options will open electronically and NYSE MKT, formerly known as NYSE Amex, will be suspended, the exchange operator said.


But that doesn't stop him for catching some storm surge at Rockaway Beach... (from Bloomberg):


1 comments:

elliottwave institute said...

Elliott Wave Theory is a method of technical analysis that looks for recurrent long-term price patterns related to persistent changes in investor sentiment and psychology. The theory identifies waves identified as impulse waves that set up a pattern and corrective waves that oppose the larger trend. elliott wave theory online elliott wave theory in India

Post a Comment