NYSE to shut trading floor Monday, go electronic
NEW YORK-- U.S. stock trading 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 continue to be open which just the exchange's trading floor would close. In a declaration, the business 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 statement 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
Overall Sentiment: 0.0684549
Relevance: 0.806471
City: NEW YORK
Overall Sentiment: 0
Relevance: 0.336674
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NYSE to shut trading floor Monday, go electronic
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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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