Dec 24 2012 | 9:00 AM
New York Stock Exchange

New York Stock Exchange (Photo: Wikipedia)

In 1989, members of the AIDS Coalition to Unleash Power (ACT UP) impersonated New York Stock Exchange members to gain access to the trading floor and unfurl a banner saying “Sell Wellcome,” referring to Burroughs Wellcome.  It was a protest against the price of the company’s AIDS drug, AZT.  The irony was, Burroughs Wellcome was not listed on the NYSE.

A...

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Nov 21 2012 | 2:57 PM
CONDUCTOR MAKES HIS ROUNDS TAKING TICKETS AS T...

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Aug 7 2012 | 11:15 AM

 

John J. Phelan Jr., during his tenure as NYSE Chairman and CEO

At the close of trading on Monday, Oct. 19, 1987, an extraordinary day was followed by an extraordinary act.  The day came to be known as Black Monday.  The Dow Jones Industrial Average had plummeted 508 points -- 22.6 percent.  A record 604 million shares had traded on the New York Stock Exchange, far beyond the record that had been set just the Friday before.   Amid the tumult, people inside and outside 11 Wall St. questioned whether the exchange could – or even should – stay open that day, let alone whether it would be able to open for business the next day.

Back in that...

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Jul 2 2012 | 12:14 PM
English: Photo of New York Stock Exchange

NYSE (Photo: Wikipedia)

Amid all the focus on market structure these days, along comes a powerful, real-life example of how things should work.

Here’s Reuters’ John McCrank on what happened:

“At 3:59:59 p.m. Eastern time on Friday, a broker-dealer placed an order for [15 million] shares of Monster Worldwide...

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