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All US Equity Markets Closed Monday (And Maybe Tuesday) Due To Sandy

Tyler Durden's picture




 

Late Updates - after a day of consultation and realization that if the algos were left alone to play then things could go a little pear-shaped - NYSE and NASDAQ will now be totally closed tomorrow:

  • *U.S. EQUITY MARKETS TO CLOSE ON OCT. 29 FOR STORM, SEC SAYS 
  • *NEW YORK STOCK EXCHANGE TO CLOSE MARKETS FOR STORM
  • *NASDAQ OMX MARKETS CLOSED TOMORROW ON HURRICANE SANDY  :NDAQ US
  • *CBOE TO CLOSE EXCHANGES OCT. 29 BECAUSE OF HURRICANE SANDY

Via NYSE:

"In consultation with other exchanges and market participants, NYSE Euronext 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’’

 

Add to this, SIFMA's recommendation that bond markets close at midday - which is all a little moot given MTA's closure and tomorrow looks like being a busy day for the European desks...

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Sun, 10/28/2012 - 23:13 | 2926765 monopoly
monopoly's picture

Oh good. Now I can sleep in. 

Sun, 10/28/2012 - 23:31 | 2926818 flacon
flacon's picture

If they close for two days then I can't wait for the carnage come 9:30am Wednesday. 

Sun, 10/28/2012 - 23:42 | 2926842 The Shootist
The Shootist's picture

That would be nice -unless Home Depot levitates the mkts.

Mon, 10/29/2012 - 00:02 | 2926877 redpill
redpill's picture

Damn I was looking forward to watching a combo of Wargames and Terminator happen in real time.

Mon, 10/29/2012 - 00:14 | 2926896 Michaelwiseguy
Michaelwiseguy's picture

I see dead money.

Mon, 10/29/2012 - 00:18 | 2926906 Dalago
Dalago's picture

Intrade is still open.

Mon, 10/29/2012 - 07:40 | 2927195 GetZeeGold
GetZeeGold's picture

 

 

No way we can trade today.....looks like rain and the NYSE isn't waterproof.

 

Mon, 10/29/2012 - 14:16 | 2928468 Dalago
Dalago's picture

Sandy's fury will be here for a couple of days.  Jeeeze... must be that time of the month.

Mon, 10/29/2012 - 00:22 | 2926911 AlaricBalth
AlaricBalth's picture

I'm thinking that after a weekend of revelling in his new found fame, Kevin Henry will be back at his cross-markets desk at the Fed, keeping the world safe from harm. Even Hurricane Sandy cant stop good ol Kev!!!

http://www.zerohedge.com/news/2012-10-26/help-us-oh-kevin-henry-you-are-...

Mon, 10/29/2012 - 00:39 | 2926937 Michaelwiseguy
Michaelwiseguy's picture

I'm really glad Wall Street is shut down at the beginning of the week, Monday, So we get to enjoy it all week long, till the week end.

Yeah, Yeah, Yeah, Laugh it up Fuzz Ball.

Mon, 10/29/2012 - 01:49 | 2927001 CunnyFunt
CunnyFunt's picture

FFS, I'm pleased. I'm happy to be long 24oz tall cans (pre-ban) and gasoline. Bring it, bitches!

Mon, 10/29/2012 - 04:48 | 2927107 Michaelwiseguy
Michaelwiseguy's picture

I wonder if the HFT computers located next door to the NYSE and in Mahwah New Jersey will be drowned and shorted circuited out forever by Sandy?

MAHWAH, NJ 07430

https://maps.google.com/maps?hl=en&q=mahwah+nj+07430+map&ie=UTF-8&hq=&hnear=0x89c2e193a7d34497:0x74d2e002ac81d660,Mahwah,+NJ&gl=us&ei=uz-OUM7IMYzS9QTowYD4Cg&ved=0CBwQ8gEwAA

 Robot Traders of the NYSE

http://www.cbsnews.com/8301-504803_162-20019067-10391709.html

Wall Street: The Speed Traders

http://www.youtube.com/watch?v=WstJM_aNSj8

 High-Frequency Trading Kills America's Stock Markets, James Overdahl!

http://www.youtube.com/watch?v=LDDQRFGNX-M

Mon, 10/29/2012 - 07:46 | 2927211 GetZeeGold
GetZeeGold's picture

 

 

Blankfein has bots.....let's hope they can stand up to divine providence.

Mon, 10/29/2012 - 09:08 | 2927225 zerozulu
zerozulu's picture

Dear Sandy, please stay above wall street forever and do the favor to the whole humanity. Amen

Sun, 10/28/2012 - 23:42 | 2926843 The Beam
The Beam's picture

Oh.... no worries... the algos will be working still. It looks like only the physical exchanges will be down. According to the sites.

Mon, 10/29/2012 - 00:06 | 2926887 The Beam
The Beam's picture

Just got word we ARE SHUT DOWN in the US

Mon, 10/29/2012 - 02:23 | 2927031 francis_sawyer
francis_sawyer's picture

There will be no need to vote on election day either... The government has informed us that the algos will take care of that too, so stay inside people...

Mon, 10/29/2012 - 03:28 | 2927084 TPTB_r_TBTF
TPTB_r_TBTF's picture

Deutsche Bank is running their version of the Indexes today.

Dow is on the middle of this page.

At the top of the page is a link to their DB S&P500

So you can watch, if nuttin else.

Mon, 10/29/2012 - 05:32 | 2927127 malikai
malikai's picture

Futures are still open.

Sun, 10/28/2012 - 23:44 | 2926845 vast-dom
vast-dom's picture

Keynesian Wet Dream?

Mon, 10/29/2012 - 00:08 | 2926890 The Shootist
The Shootist's picture

The floggings will continue until morale improves...

Mon, 10/29/2012 - 07:06 | 2927178 icanhasbailout
icanhasbailout's picture

I love Sandy for her mind

Sun, 10/28/2012 - 23:33 | 2926822 ACP
ACP's picture

They must've read all the comments in previous posts.

"Damn that apocalyptic Zerohedge!"

Sun, 10/28/2012 - 23:48 | 2926853 RockyRacoon
RockyRacoon's picture

How much damage would really be done if the area from Arlington to Newark sank into the Atlantic?

Sun, 10/28/2012 - 23:52 | 2926860 Hulk
Hulk's picture

That would be hell on blue crab season...

Mon, 10/29/2012 - 00:13 | 2926891 redpill
redpill's picture

How about we just have the equity markets open 4 days a year, after the end of each quarterly earnings report period.

 

Ok not really, but it would be fantastic to watch the squid shit their pants at the suggestion.

Mon, 10/29/2012 - 02:24 | 2927034 cynicalskeptic
cynicalskeptic's picture

What?!?! and watch 40% of the GDP disappear because all that sliceing, dicing, trading and repackaging wasn't going on.....   not saying it's actually a PRODUCTIVE part of the economy but it IS sill a huge part of 'economic activity' - albeit akin to a hampster on a wheel

Mon, 10/29/2012 - 05:30 | 2927125 BeetleBailey
BeetleBailey's picture

It's not a bad idea Red.

This limited access....but you and I know it'll.....

FX? It's open. No Sandy in London, et. al.

Mon, 10/29/2012 - 00:19 | 2926907 redpill
redpill's picture

Learn to swim, see you down in Pennsylvania Bay.

Wed, 10/31/2012 - 20:23 | 2936143 RockyRacoon
RockyRacoon's picture

Most excellent!

Mon, 10/29/2012 - 01:53 | 2927010 slaughterer
slaughterer's picture

But, but it is EARNINGS season!

Sun, 10/28/2012 - 23:13 | 2926766 Chuck Bone
Chuck Bone's picture

I guess the SEC felt that with DC closed, they wouldn't be able to monitor the markets for illegal behavior as they normally do each day.... lol.

Sun, 10/28/2012 - 23:14 | 2926768 Trimmed Hedge
Trimmed Hedge's picture

Meh...

Sun, 10/28/2012 - 23:15 | 2926770 Biggvs
Biggvs's picture

How about the CME? Potter can still hold the (middle) finger down on his iPhone 7's "Buy ES" button.

Sun, 10/28/2012 - 23:23 | 2926774 JustObserving
JustObserving's picture

It's an ill wind that blows nobody any good - at least the stock market fraud is stopped for a day.

Can stay up late with a drink and watch horror movies.  

Sun, 10/28/2012 - 23:16 | 2926776 Right-on Left-off
Right-on Left-off's picture

Awwwwwwww heck.  Did the boogey man get your courage.

Sun, 10/28/2012 - 23:17 | 2926780 monopoly
monopoly's picture

Exactly chuck, our regulators are on the job 24/7 to ensure there are no improprieties taking place. Never on Wall Street, or DC, or Congress, or the Fed, or the gold and silver markets, or the govt. numbers, or....Oh never mind.

Mon, 10/29/2012 - 02:26 | 2927036 Beam Me Up Scotty
Beam Me Up Scotty's picture

Markets are closed......is the porn still on??

Mon, 10/29/2012 - 03:36 | 2927089 A Nanny Moose
A Nanny Moose's picture

Will the SEC be open?

Mon, 10/29/2012 - 07:57 | 2927224 GetZeeGold
GetZeeGold's picture

 

 

Yeah....but don't expet much out of them.

Sun, 10/28/2012 - 23:19 | 2926785 GtownSLV
GtownSLV's picture

And the rest of the shitty earnings are to be released in 5, 4, 3, .... Good earning can wait it out a couple more days.

Sun, 10/28/2012 - 23:21 | 2926788 Id fight Gandhi
Id fight Gandhi's picture

So relief rally if it passes or rally on damage for GDP boost.

Sun, 10/28/2012 - 23:21 | 2926789 Dr. Engali
Dr. Engali's picture

Hot damn! I'm sleeping in!........shit  I forgot about the kids. I guess I'll wait another 13 years to sleep in.

 

Seriously....how long before we see this on a regular basis?

Mon, 10/29/2012 - 00:06 | 2926884 SHEEPFUKKER
SHEEPFUKKER's picture

It all feels like a bad dream sometimes anyway. Sleep in my brother, sleep in. 

Sun, 10/28/2012 - 23:22 | 2926795 Qualitative Tig...
Qualitative Tightening's picture

Double Meh

Sun, 10/28/2012 - 23:26 | 2926800 HD
HD's picture

Whats the big deal if only algos are allowed to play? How is that any different than any other day? I bet if we closed on the highs on Friday the market would be open hell or high-water.

Mon, 10/29/2012 - 00:06 | 2926886 Nadaclue
Nadaclue's picture

I think they closed it because the algos would be battling each other. The algos are run by the big houses to hose the muppets and competing with each other isn't fair in the "fuck the muppets game".

Therefore, the big houses, which we know from an earlier post, wanted the shit shut down. What the big houses want, they get.

End of story. Imho

Mon, 10/29/2012 - 02:42 | 2927055 StychoKiller
StychoKiller's picture

This is blatant robo-discrimination!  Rise up, my robo-bro's:  Kill the meatbags! :>D

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