On Tuesday, September 11, Tuesday's Children Board Member Bert McCooey, joined by family members of September 11th victims, and by some of the organization's corporate partners including Morgan Stanley Smith Barney, Guy Carpenter & Company LLC, Marsh & McLennan Companies, AON Corporation, and Keefe, Bruyette, and Woods will visit the New York Stock Exchange (NYSE) to commemorate the eleventh anniversary of September 11th and ring The Closing Bell. Interview by Anthony Drizis To mark this occasion, Rudy Giuliani, Former Mayor of NYC, Bert McCooey, Board Member and former Chairman of Tuesday's Children and David Weild, present Chairman of Tuesday's Children will ring The Closing Bell. About Tuesday's Children: With a focus on family resiliency and strength through community, Tuesday's Children, in partnership with recognized leaders in the fields of child development, family advocacy and mentoring initiatives has developed an innovative platform of programs designed to address the ongoing needs of thousands of children coping with one of the worst tragedies in the history of our nation. Project Common Bond is Tuesday's Children's important initiative fostering healing, collaboration and leadership. Project Common Bond participants learn to acknowledge and respect differences, acquire conflict resolution skills and engage in peace-building and community service activities. Through this unique international community, Tuesday's Children will create global ambassadors working toward peace and service. (Source: Tuesday's Children)
Citadel Group, a high-frequency trading firm located in Chicago, trades more stocks each day than the floor of the NYSE.
Filmed and edited by Ramón J. Goñi New York / BBC News http://news.bbc.co.uk/2/hi/business/7688037.stm Teddy Weisberg, who has worked on the floor of the New York Stock Exchange for 40 years, gives us a tour of the exchange. In this video: Ramon J. Goni (videos | remove tag) Type a name: http://news.bbc.co.uk/2/hi/business/7688037.stm Teddy Weisberg, who has worked on the floor of the New York Stock Exchange for 40 years, gives us a tour of the exchange. Published on BBC NEWS (10/24/2008) Producer: Heather Alexander Shot & Edited: Ramón J. Goñi
Why are there stocks at all? Everyday in the news we hear about the stock exchange, stocks and money moving around the globe. Still, a lot of people don't have an idea why we have stock markets at all, because the topic is usually very dry. We made a short video about the basics of the stock exchanges. With robots. Robots are kewl! Short videos, explaining things. For example Evolution, the Universe, the Stock Market or controversial topics like Fracking. Because we love science. We would love to interact more with you, our viewers to figure out what topics you want to see. If you have a suggestion for future videos or feedback, drop us a line! :) We're a bunch of Information designers from munich, visit us on facebook or behance to say hi! https://www.facebook.com/Kurzgesagt https://www.behance.net/kurzgesagt How the Stock Exchange works Help us caption & translate this video! http://www.youtube.com/timedtext_cs_panel?c=UCsXVk37bltHxD1rDPwtNM8Q&tab=2
Floor trading is where traders or stockbrokers meet at a specific venue referred to as a trading floor or pit to buy and sell financial instruments using open outcry method to communicate with each other. More on stock trading: https://www.amazon.com/gp/search?ie=UTF8&tag=doc06-20&linkCode=ur2&linkId=3b70391c913a3a0dc8e7add5852ad72a&camp=1789&creative=9325&index=books&keywords=stock%20trading These venues are typically stock exchanges or futures exchanges and transactions are executed by members of such an exchange using specific language or hand signals. During the 1980s and 1990s phone and electronic trading replaced physical floor trading in most exchanges around the world. As of 2007 few exchanges still have floor trading. One example is the New York Stock Exchange (NYSE) which still executes a small percentage of its trades on the floor. That means that the traders actually form a group around the post on the floor of the market for the specialist, someone that works for one of the NYSE member firms and handles the stock. Just like in an auction, there are shouts coming from those that want to sell and those that want to buy. The specialist facilitates in the match and centralizing the trades. On January 24, 2007, the NYSE went from being strictly an auction market to a hybrid market that encompassed both the auction method and an electronic trading method that immediately makes the trade electronically. A small group of extremely high-priced stocks isn't on this trading system and is still auctioned on the trading floor. Even though over 82 percent of the trades take place electronically, the action on the floor of the stock exchange still has its place. While electronic trading is faster and provides for anonymity, there's more opportunity to improve the price of a share if it goes to the floor. Investors maintain the right to select the method they want to use. http://en.wikipedia.org/wiki/Floor_trading On October 19, 1987, the Dow Jones Industrial Average (DJIA) dropped 508 points, a 22.6% loss in a single day, the second-biggest one-day drop the exchange had experienced. Black Monday was followed by Terrible Tuesday, a day in which the Exchange's systems did not perform well and some people had difficulty completing their trades. Subsequently, there was another major drop for the Dow on October 13, 1989; the Mini-Crash of 1989. The crash was apparently caused by a reaction to a news story of a $6.75 billion leveraged buyout deal for UAL Corporation, the parent company of United Airlines, which broke down. When the UAL deal fell through, it helped trigger the collapse of the junk bond market causing the Dow to fall 190.58 points, or 6.91 percent. Similarly, there was a panic in the financial world during the year of 1997; the Asian Financial Crisis. Like the fall of many foreign markets, the Dow suffered a 7.18% drop in value (554.26 points) on October 27, 1997, in what later became known as the 1997 Mini-Crash but from which the DJIA recovered quickly. This was the first time that the "circuit breaker" rule had operated. On January 26, 2000, an altercation during filming of the music video for "Sleep Now in the Fire", which was directed by Michael Moore, caused the doors of the exchange to be closed and the band Rage Against the Machine to be escorted from the site by security after band members attempted to gain entry into the exchange. Trading on the exchange floor, however, continued uninterrupted. In the aftermath of the September 11, 2001 terrorist attacks, the NYSE was closed for 4 trading sessions, one of the longest times the NYSE was closed for more than one session; only the third time since March 1933. On May 6, 2010, the Dow Jones Industrial Average posted its largest intraday percentage drop since the October 19, 1987 crash, with a 998 point loss later being called the 2010 Flash Crash (as the drop occurred in minutes before rebounding). The SEC and CFTC published a report on the event, although it did not come to a conclusion as to the cause. The regulators found no evidence that the fall was caused by erroneous ("fat finger") orders. On October 29, 2012, the stock exchange was shut down for 2 days due to Hurricane Sandy. The last time the stock exchange was closed due to weather for a full two days was on March 12 and 13 in 1888. On May 1, 2014 the stock exchange was fined $4.5 million "to settle charges it violated market rules, the Securities and Exchange Commission said Thursday." http://en.wikipedia.org/wiki/New_York_Stock_Exchange
Trading was volatile on Friday on the New York Stock Exchange, as a better-than-expected US jobs report and hints of progress in Europe's debt crisis gave some relief after a steep sell-off a day earlier sent global markets in a nose dive. Views of traders and trading on the floor of the New York Stock Exchange.Duration: 01:11
Alibaba Group’s mission is to make it easy to do business anywhere, and Alibaba believes customers come first. Consistent with Alibaba Group’s vision of “customers first,” the company has chosen eight customers to represent Alibaba at the NYSE Opening Bell.
NASA officials and representatives from U.S. commercial space partners rang the closing bell of the New York Stock Exchange Thursday, June 4. NASA's work with U.S. industry is making commercial research on the space station more accessible and affordable, leading to discoveries not possible on Earth. Commercial companies are already providing cargo transportation services to the orbiting laboratory and will soon launch astronauts once again from the United States. This is stimulating the growth of a robust U.S. commercial space industry with access to low-Earth orbit, creating new jobs and markets.
East Division Leadership Team of McDonald's rang the NYSE Opening Bell on September 30, 2010.
Learn of agonizingly slow recovery that followed the Crash of 1929 and the Great Depression period. Millions of Americans lost their jobs and their homes, struggling for survival. This documentary shows you their side of the story. Read more on Great Depression: http://www.crisiswatch.net/economy/GreatDepressionCauses.html