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To: long-gone who wrote (88870)8/17/2002 9:18:08 PM
From: Richnorth  Read Replies (1) | Respond to of 116759
 
straitstimes.asia1.com.sg

straitstimes.asia1.com.sg

straitstimes.asia1.com.sg



To: long-gone who wrote (88870)8/18/2002 11:02:46 AM
From: Richnorth  Respond to of 116759
 
Later start for NY exchange on Sept 11

NEW YORK - The New York Stock Exchange (NYSE) said on Friday it will delay the opening of its trading session on Sept 11 to observe the one-year anniversary of the terrorist attacks in New York and Washington.

The NYSE will begin its trading day at 11 am instead of 9.30 am, choosing to remain closed for business while memorial services are held in New York City and around the nation.

'It's fitting and appropriate that the New York Stock Exchange remains silent during the memorial services,' NYSE chairman Richard Grasso said in a statement.

A spokesman for the Nasdaq stock market said it has not yet decided on its final plans for Sept 11. An American Stock Exchange spokesman said the exchange is still working on its plans.

Following the attacks in lower Manhattan, the NYSE, the American Stock Exchange and the Nasdaq remained closed for four trading days.

When trading resumed on Sept 17, the American Stock Exchange was forced to operate out of temporary quarters at the NYSE and the Philadelphia Stock Exchange, after its headquarters was closed due to its proximity to the disaster site.

Earlier this month, New York Mayor Michael Bloomberg outlined the city's plans for Sept 11, which will include famous speeches heralding American democracy.

The city's main ceremony will begin with a bagpipe procession to the World Trade Center site. A 102-minute memorial service will be held, beginning with a moment of silence at 8.46 am - when the first aircraft struck the North Tower - until 10.29 am, the time the second tower collapsed. --Reuters