Advertisement
 

NYSE, Nasdaq preparing to reopen Wednesday

October 30, 2012|By Andrew Tangel

Major stock exchanges are testing their systems in preparation to reopen Wednesday after Hurricane Sandy forced trading to halt on Wall Street.

The New York Stock Exchange and the Nasdaq were allowing brokerage firms to run tests on their platforms early Tuesday.

If the NYSE's physical trading floor doesn't reopen Wednesday, the exchange's all-electronic platform, Arca, would operate if markets open.

PHOTOS:  Sandy bears down on East Coast

NYSE Euronext, the exchange's operator, denied reports that flooding in Lower Manhattan had inundated its trading floor with three feet of water.

"We stress that, as of now, there has been no damage to the NYSE Euronext NYC headquarters that would impair trading-floor operations," NYSE Euronext said in an alert to traders late Monday.

ALSO:

Nearly 14,000 flights canceled because of Hurricane Sandy

Feds hopeful Hurricane Sandy won't delay Friday's jobs report

Report: Sandy could cause $88 billion worth of residential damage

Advertisement
Los Angeles Times Articles
|
|
|