What Is Really Behind the NYSE Closure on 10-29-2012 – It’s Not Just Hurricane Sandy

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The New York Stock Exchange closed its trading floors on Monday October 29, 2012 after Mayor Bloomberg told folks in New York on Sunday that the transit system, subway would close at 7 PM and perhaps for a couple of days. This included the underground traffic tunnels and mandatory evacuations were required for low-elevation areas were issued due to Hurricane Sandy with an expected storm surge of 11-feet, plus 75 mph winds. Okay so, let’s talk about the NYSE closure due to weather, something that by the way hasn’t happened in 30-years.

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