Evacuation order has been given for NY. All trains into the city will be closed tomorrow. NYSE will most likely be closed. Just a heads up...
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Wall Street closed
- Thread starter Maverick74
- Start date
Quote from R. Raskolnikov:
I heard otherwise, that the NYSE is open. Trains are closed as of 7pm tonight though.
No, the physical exchange would be closed, not actual trading, which is electronic. There is an evacuation order that has been given by the Mayor for the entire southern part of Manhattan, that includes the NYSE.
NYSE and NASDAQ will be Open.
NYSE plans to open as usual Monday
(AP) â 1 minute ago
NEW YORK (AP) â The New York Stock Exchange plans to open for trading as usual Monday, even as Hurricane Sandy barrels its way up the Atlantic.
Governor Andrew Cuomo said New York City's subways and buses will shut down Sunday evening. New York City Mayor Michael Bloomberg ordered residents to evacuate some low-lying areas Sunday and said city public schools will close Monday.
But the stock exchanges expect to open for regular hours. The Nasdaq OMX Group reportedly also plans to remain open. A call to a Nasdaq spokesman was not immediately returned.
If Hurricane Sandy knocks out power for lower Manhattan, the NYSE can switch to its backup power generators for electricity. The servers that handle the exchange's transactions are housed in Mahwah, N.J.
http://www.google.com/hostednews/ap...55NBVg?docId=02ac20e58a3948af89a055758b67f937
NYSE plans to open as usual Monday
(AP) â 1 minute ago
NEW YORK (AP) â The New York Stock Exchange plans to open for trading as usual Monday, even as Hurricane Sandy barrels its way up the Atlantic.
Governor Andrew Cuomo said New York City's subways and buses will shut down Sunday evening. New York City Mayor Michael Bloomberg ordered residents to evacuate some low-lying areas Sunday and said city public schools will close Monday.
But the stock exchanges expect to open for regular hours. The Nasdaq OMX Group reportedly also plans to remain open. A call to a Nasdaq spokesman was not immediately returned.
If Hurricane Sandy knocks out power for lower Manhattan, the NYSE can switch to its backup power generators for electricity. The servers that handle the exchange's transactions are housed in Mahwah, N.J.
http://www.google.com/hostednews/ap...55NBVg?docId=02ac20e58a3948af89a055758b67f937
Quote from Grandluxe:
NYSE and NASDAQ will be Open.
NYSE plans to open as usual Monday
(AP) â 1 minute ago
NEW YORK (AP) â The New York Stock Exchange plans to open for trading as usual Monday, even as Hurricane Sandy barrels its way up the Atlantic.
Governor Andrew Cuomo said New York City's subways and buses will shut down Sunday evening. New York City Mayor Michael Bloomberg ordered residents to evacuate some low-lying areas Sunday and said city public schools will close Monday.
But the stock exchanges expect to open for regular hours. The Nasdaq OMX Group reportedly also plans to remain open. A call to a Nasdaq spokesman was not immediately returned.
If Hurricane Sandy knocks out power for lower Manhattan, the NYSE can switch to its backup power generators for electricity. The servers that handle the exchange's transactions are housed in Mahwah, N.J.
http://www.google.com/hostednews/ap...55NBVg?docId=02ac20e58a3948af89a055758b67f937
Correct, electronic trading will be open. They have plenty of back up servers.
Quote from Maverick74:
Correct, electronic trading will be open. They have plenty of back up servers.
not really, seems like the floor is open.
http://finance.yahoo.com/news/wall-street-makes-plans-open-152955881.html
The New York Stock Exchange has arranged accommodations for essential staff near its lower-Manhattan headquarters, while other employees have been encouraged to work from home or alternate locations, said a person familiar with the situation.
"Everybody on Wall Street has hotels booked for essential personnel," this person said, adding that the stock exchange would need several hundred people, compared to its usual 1,000, on the floor to keep trading going.
The major exchanges and most big trading firms have alternate trading facilities if downtown Manhattan is inaccessible, but the storm's wide path may affect a number of sites in the New York metropolitan area. Authorities have warned of possible widespread power outages that could last for days.
Quote from Grandluxe:
not really, seems like the floor is open.
http://finance.yahoo.com/news/wall-street-makes-plans-open-152955881.html
The New York Stock Exchange has arranged accommodations for essential staff near its lower-Manhattan headquarters, while other employees have been encouraged to work from home or alternate locations, said a person familiar with the situation.
"Everybody on Wall Street has hotels booked for essential personnel," this person said, adding that the stock exchange would need several hundred people, compared to its usual 1,000, on the floor to keep trading going.
The major exchanges and most big trading firms have alternate trading facilities if downtown Manhattan is inaccessible, but the storm's wide path may affect a number of sites in the New York metropolitan area. Authorities have warned of possible widespread power outages that could last for days.
There may be minimal staff present but the entire southern tip of Manhattan is CLOSED. Evacuation order has been given. LOL. Yeah I'm sure a dozen or so IT personnel will be on hand if need be. For anyone who commutes by train into NY they will have NO way to get there.
the path trains will be down.
the subways will be down.
the only other way there is ferries, and part of ny waterway is down (southern hoboken -> wfc, southern hoboken to pier 11). you'd need to get to liberty harbor to get to wfc, or take the 16th ave hoboken -> wfc.
i worked in downtown manhattan during a much less severe snowstorm and took the boat over from hoboken. it was fun to see pristine white snow around the wtc/wfc area.
it also wasn't fun riding the ferries during a bad rain/wind storm, the inside of the boat had about 1/2 inch of water from the waves coming over the side of the boat.
the subways will be down.
the only other way there is ferries, and part of ny waterway is down (southern hoboken -> wfc, southern hoboken to pier 11). you'd need to get to liberty harbor to get to wfc, or take the 16th ave hoboken -> wfc.
i worked in downtown manhattan during a much less severe snowstorm and took the boat over from hoboken. it was fun to see pristine white snow around the wtc/wfc area.
it also wasn't fun riding the ferries during a bad rain/wind storm, the inside of the boat had about 1/2 inch of water from the waves coming over the side of the boat.
"Wall Street closed"...really?
http://www.cnbc.com/id/49588024
"NEW YORK - The New York Stock Exchange plans to open for trading as usual Monday, even as Hurricane Sandy barrels its way up the Atlantic.
But the stock exchanges expect to open for regular hours.
The Nasdaq OMX Group reportedly also plans to remain open.
Trading has rarely stopped for weather"
http://www.cnbc.com/id/49588024
"NEW YORK - The New York Stock Exchange plans to open for trading as usual Monday, even as Hurricane Sandy barrels its way up the Atlantic.
But the stock exchanges expect to open for regular hours.
The Nasdaq OMX Group reportedly also plans to remain open.
Trading has rarely stopped for weather"