Nasdaq doesn’t have “opening bell. ” Unlike this new York stock market, featuring its noisy and trading that is chaotic, Nasdaq is totally electronic, as befits the numerous high-tech organizations whoever stocks are noted on it. But which hasn’t stopped Nasdaq from making the day-to-day beginning of trading as a ritual that is televised just like the ringing of this bell down on Wall Street.
Many mornings, representatives from the company that is nasdaq-traded arrive at a days Square studio and ceremoniously push a button that purports to introduce trading. And during holiday breaks and significant activities, Nasdaq usually invites community teams and nonprofits to complete the honors.
Therefore it had been that regarding the Friday before Martin Luther King Jr. Day this season, Roy Innis, president of this brand new York–based Congress of Racial Equality, endured prior to the digital cameras to push the secret switch. Continue reading