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...

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
monopoly's picture

Oh good. Now I can sleep in. 

flacon's picture

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

The Shootist's picture

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

redpill's picture

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

GetZeeGold's picture

 

 

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

 

Dalago's picture

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

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-...

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.

CunnyFunt's picture

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

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

GetZeeGold's picture

 

 

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

zerozulu's picture

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

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.

The Beam's picture

Just got word we ARE SHUT DOWN in the US

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...

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.

The Shootist's picture

The floggings will continue until morale improves...

ACP's picture

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

"Damn that apocalyptic Zerohedge!"

RockyRacoon's picture

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

Hulk's picture

That would be hell on blue crab season...

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.

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

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.

redpill's picture

Learn to swim, see you down in Pennsylvania Bay.

slaughterer's picture

But, but it is EARNINGS season!

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.

Biggvs's picture

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

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.  

Right-on Left-off's picture

Awwwwwwww heck.  Did the boogey man get your courage.

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.

Beam Me Up Scotty's picture

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

GetZeeGold's picture

 

 

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

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.

Id fight Gandhi's picture

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

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?

SHEEPFUKKER's picture

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

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.

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

StychoKiller's picture

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