Another Trading Floor Bites The DustFebruary 06, 2013Given the sweeping move to electronic trading, a growing number of trading floors are shutting down, although some say certain floors still have a place in today's markets.
The Case for Scenario Planning in Sandy’s WakeDecember 13, 2012After underestimating the strength of Hurricane Sandy, financial firms need to consider 'risk scenario planning' as a tool for forecasting what can go wrong in the future, writes author and risk analyst Andrew Waxman.
Scope of Sandy's Devastation Widens, Tempers FlareNovember 02, 2012Four days after superstorm Sandy
smashed into the U.S. Northeast, rescuers on Friday were still
discovering the extent of the death and devastation in New York
and the New Jersey shore, and anger mounted over gasoline
shortages, power outages and waits for
Sandy Costs NYC $200 Million A Day in Economic DamageNovember 01, 2012The aftermath of super storm
Sandy is costing New York City up to $200 million a day in
permanently lost economic activity, including everything from
the sale of pizza slices to corporate mergers and other Wall
Street deals, the city's comptroller said on
Sandy's Hit Is Hard To Gauge For EconomistsNovember 01, 2012Massive storm Sandy could slow
growth in the already weak U.S. economy to as little as 1
percent in the fourth quarter.
Wall Street Banks Still Reeling From Hurricane SandyOctober 31, 2012Two days after Hurricane Sandy wreaked havoc on the East Coast and killed 18 people in New York City, Wall Street banks and their CEOs are dealing with the damage. Here is a look at who has been affected.
NYSE to Test New Plan; Trading Floor Undamaged by StormOctober 30, 2012NYSE Euronext said it plans to
test a new contingency plan to help resume stalled U.S. equity
trading, and added that its famed trading floor is not yet
damaged by Sandy, one of the biggest storms to hit the United
States.
Do Stock Exchange Operators Need More Rules to Monitor Trading Platforms?January 27, 2012After a series of technology glitches over the past year, the SEC is proposing a new standard for trading systems that would impact 13 US stock exchanges and smaller venues, according to today's Wall Street Journal.
