Tag: new york stock exchange
Digital lending platform Blend valued at over $4B in its public debut
Mortgages may not be considered sexy, but they are a big business. If you’ve refinanced or purchased a home digitally lately, you may not have noticed the company powering the software behind it — but there’s a good chance that company is Blend. Founded in 2012, the startup has steadily…
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NYSE will temporarily close its trading floor and move to electronic trading only
The New York Stock Exchange will close its trading floor on Monday, March 23 and fully move to electronic trading, the exchange’s operator Intercontinental Exchange announced today. The actual physical locations that will close are the NYSE equities trading floor in New York, the NYSE American Options trading floor in…
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COVID-19 market turmoil tests NYSE’s shutdown circuit-breakers
For the second time this week trading on the New York Stock Exchange halted for 15 minutes this morning when a market drop triggered the exchange’s internal circuit breaker, shortly after 9:30am. The control, part of the NYSE’s automatic provisions to pause trading, has been put to the test since…
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Stocks fall again on continued coronavirus worries
Is it good news to say that stocks fell less sharply than they had on previous days? That’s the bright side of another turbulent trading day across the Nasdaq and New York Stock Exchange. The major indices were down again — although their declines were less severe than they had…
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