Aug 9 2011 | 11:15 AM
The clouds were amazing this afternoon during ...

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Some numerical perspective on the stormy market of Monday, 8 August 2011:

  • 634.76 -- The loss in the Dow Jones Industrial Average, or 5.55%, to 10809.85.  Biggest single-day point and percentage loss since 1 December 2008.
  • 79.92 -- Number of points down in the Standard & Poor's 500 stock index...
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Aug 8 2011 | 3:56 PM
Speedometer of an ICE 3 train during a test ri...

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Just popping my head up above the fury of today's market bashing to offer a little perspective of the techie kind.  A colleague has noted we hit several records for electronic message traffic last Friday, 5 August 2011. I pass these along not to pat ourselves on the back but to let you...

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Jul 15 2011 | 4:33 PM

On Monday, 18 July, high-school and middle-school winners of the national InvestWrite competition will be at NYSE for an educational tour and program.  I've been given the honor of talking informally with the group that...

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Jun 29 2011 | 10:42 PM

This past Tuesday, 28 June, I had the privilege of watching a little bit of market history being made. Or perhaps a better term would be “re-made.”

New York Stock Exchange has had a number of great traditions. The one everyone knows best is the ringing of the bell to open and close trading. But there is a far less-known tradition that is extremely meaningful to NYSE members: the signing of "The Book.”

“The Book” is shorthand here for a thick volume that features the original NYSE Constitution followed by hundreds of pages of signatures and dates. Throughout NYSE’s history, as each person became a member, they signed the book, effectively promising to be bound by the constitution. Each signing was an occasion of a small...

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