NYSE to shut trading floor Monday, go electronic
Excerpt:NEW YORK-- U.S. stock investing will be closed on Monday and potentially Tuesday in response to Hurricane Sandy, NYSE Euronext stated late on Sunday. NYSE Euronext, which runs the New York Stock Exchange, had formerly stated that electronic trading would remain open which only the exchange's trading floor would close. In a declaration, the company stated that "the dangerous conditions developing as a result of Hurricane Sandy will make it extremely difficult to ensure the safety of our people and communities, and safety must be our first priority.". Nasdaq stated it would additionally close all U.S. equity and derivatives exchanges, along with the Nasdaq/FINRA TRF on Monday, CNBC stated late Sunday night. It is likley the marketplaces will additionally be closed on Tuesday, according to the declaration from the exchange. Hundreds of thousands gotten to evacaute as Sandy nears.
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NaturalDisaster: Hurricane Sandy
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Facility: New York Stock Exchange
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City: NEW YORK
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NYSE said on Sunday afternoon that it will close its physical trading floor operations for the first time in nearly three decades due to a weather-related emergency, but would move trading of NYSE-listed stocks to its fully electronic exchange.
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NYSE to shut trading floor Monday, go electronic
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