Hurricane Sandy closes New York Stock Exchange, CBOE
SUN-TIMES STAFF REPORTS @Suntimes on Twitter October 28, 2012 10:37PM
Updated: October 29, 2012 9:04AM
The New York Stock Exchange announced Sunday night that it would not open for trading on Monday and possibly not Tuesday.
The Chicago Board Options Exchange also will not be trading Monday.
Earlier, the exchange had said it would close only the trading floor in New York but continue with electronic trading.
It issued this statement Sunday night:
“In consultation with other exchanges and market participants, NYSE Euronext (NYX) will close its markets on Monday, Oct. 29, 2012 and pending confirmation on Tuesday, Oct. 30, 2012. We support the consensus of the markets and the regulatory community 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. We will work with the industry to determine the next steps in restoring trading as soon as the situation permits.”