NYSE runs media ‘Traders Night’

NEW YORK: The New York Stock Exchange (NYSE) was due to hold its first ‘Traders Night’ for journalists this week to show the media, through mock-trading exercises, how the exchange and its technology work.

NYSE SVP of communications Rich Adamonis, said the event aimed to ‘get journalists to understand the market and how it trades, what the world of specialists and traders is, and expose them to the technology. That knowledge will give them a big advantage in reporting.’

He said the event would also give reporters perspective on changes the NYSE is making in automation.

Journalists have previously toured the exchange during trading hours but the ‘Traders Night’ had been reseved for employees of Wall Street companies.

The NYSE recently brought in a new management team following the resignation of CEO Richard Grasso over his salary.

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