Posts Tagged ‘York’

Trading Floor at New York Stock Exchange (NYSE)

May 19, 2010 - 7:03 pm 25 Comments

NYSE seen from the members gallery on August 9, 2007

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Repetto Sees Exchange Coordination for Periods of Stress: Video

May 17, 2010 - 6:36 pm No Comments

May 11 (Bloomberg) -- Richard Repetto, an analyst with Sandler ONeill & Partners LP, talks with Bloomberg's Julie Hyman about the outlook for uniform rules at all trading venues to deal with periods of financial-market stress.

The Dow Jones Industrial Average fell as much as 9.2 percent on May 6, its biggest tumble since the crash of 1987, before paring losses and closing down 3.2 percent. About $700 billion was erased from American equity markets over an eight-minute span after the NYSE took actions to slow trading, according to data compiled by Bloomberg. (Source: Bloomberg)

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