38 Burst results for "York Stock Exchange"
Fresh update on "york stock exchange" discussed on Bloomberg Businessweek
"Gold rallying today by one point rallying moving Laura should say gold down 1.2% 1746 ounce crude up 1.4% crude rally now at 73 25 a barrel Tycoon Richard Lee's FWD filing for a U.S. IPO seeking a New York Stock Exchange hosting that headline now on the Bloomberg professional service I'm Charlie Paul that is a Bloomberg business flash All right Charlie thank you so much Nike as Charlie mansion out with their earnings and just a quick check on the trade here in the after hours And we are seeing shares of Nike down about.
Fresh update on "york stock exchange" discussed on Omnibus! With Ken Jennings and John Roderick
"These in these boardrooms as lord. Gordon gordon. Gordon's it's to gordon's that's sprawl. That's like any any hockey in vancouver. You'll have a couple of gourds. Yeah gordon gord gordon. Born great canadian philanthropist. And lord gordon gordon arrives in the american midwest and he says he's here on behalf up he has. He has a greatest states in scotland and on behalf of states in scotland. And he says i've got. I've got overpopulation on my estates. And i wanted to resettle all of my subjects here in the american midwest. That's the thing he could just send send villages of scots to ohio. This is the story he's telling. And he says on behalf of a group of accent no Scottish accent will try against the little terrible. I ended up soon. Radio like peace in greater north higher. No my scottish accent and my irish accents are terrible. It's not. I haven't spent time there. I just don't understand. I can't do australian or new zealand. Either come good of power captain. Good but He's he's claims to represent a group of nobles who all have this who wants to buy a tremendous amount of of peasants for sale. Well they want what they want is real estate. they're gonna buy great tracks of the american midwest. In order to to infuse these areas with european money european royalty are coming to to you know big cash. Let's be excited injection. And they're gonna yeah. They're going to build all this infrastructure they're going to. They're going to bring prosperity european farmers to the midwest. And lord gordon gordon comes with all these letters of introduction from from nobility in in the uk what we now call the uk. And he convinces jay gould that in bringing all of this new settlement. He's going to make the erie. Railroad really pop really prosperous because not only is he bringing all this traffic but also then once those farms are established. The reciprocal traffic on that back. Yes this and so in their negotiations. Lord gordon gordon says well let's work. Let's let's form a partnership in order in order for us to share in the equity of of this prosperity. You should issue me a million shares of stock in the erie railroad. And that will then. I'll be invested in the railroad. And then you'll be invested in this corporation that i'm forming bringing all this european money and so gould gives lord gordon gordon a million shares in the erie railroad as it as an investment in his sir. And lord gordon gordon immediately takes that million shares to new york stock exchange and sells them. Because lord gordon gordon is a complete fraud he Not received from scotland. Even the historic record does not ever really reveal. Who lord gordon gordon. There's a suggestion that he just so he. His first appearance on the scene back in england was he scammed a bunch of jewelers in london. Based with a similar kind of like. I'm here i'm here representing the so-and-so's in other he's not really scott. Your accent works. But i think he is. I think he's from maybe from manchester. Which is the only one i can do an even do it. I can do all five. Different accents from london. Because i've watched so many documentaries but can't do any of these northern accents so he is probably from the north or from scotland. He's but he's not he's not nobility he's not nobility at all he represents no end so he's but he is discovered. Gould calls him out. He's i'm sorry yeah. Gould calls amount. He's rep he's a he's arrested and he a bamboozles the magistrates. He claims he has all these letters. he says. this is proof of my bone. A few days. Imagine him checking bagpipe and us. he's got a little. The police guys like one kilt and so all these letters of these promissory notes of the monies that he's bringing from his His european connections the letters are convincing enough that he's released on bail at which point. He immediately flees to canada and canada. Course still being part of the the british empire they say now. Wait a minute you know we have to get to the bottom of this again. It's because of the transatlantic gap that that information. Isn't traveling fast enough. Just like tom ripley. Scanning those poor italian cops. Gould actually get away with the money that he That he made off the sale of the shares. He got away with the money but gould and a group of gould. At this point is is a diamond stickpin financier and and captain of industry. He and a group of of of basically hired thugs crossed the border capture. Lord gordon gordon but are are stopped by the mounties at the border yeah and it becomes an international incident. Gould tries to take him across the border. The mounties stop him and the governor at one of the governors in the midwest Forms of militia Unfortunately you know. Fraud isn't enough for extradition. Lord gordon gordon sits across the border kind of Lording it over. Everyone has were but eventually were gets back. This story appears in the newspaper in london and the group of jewelers that he defrauded sent sent letters and sent sent representatives to. You know to def- rocker to to reveal to kill him to kill him. At which point you know he throws a big party in. His hotel gives his guests a bunch of expensive gifts and then shoots himself. Oh yeah. Wow so lord gordon gordon. That explains why we don't know much about him. Yeah it seems to me like lord gordon. If he can escape across the border he could get a fast horse in but the jig was up and he didn't want to continue with the with the plan. Maybe demons we don't know about almost certainly did so fisk in eighteen. Seventy two living in new york city is in a although still married in a passionate love affair with a showgirl of victorian showgirl of beauty. By the name of josie mansfield. And i think if you you know when you look at a picture of josie mansfield you realize that tastes have changed over time and victorian beauty. She has a very voluptuous main about she was she was at.
Fresh update on "york stock exchange" discussed on Omnibus! With Ken Jennings and John Roderick
"Was very science oriented. He decided he was gonna play the market. He was gonna turn his out scientists to yeah he was. He was going to use science and this was the early days of day trading. He's gotta system. The internet was had just gotten into just gotten fast enough that you could trade. There was a time. People may not remember when just lay people were just fascinated with this because now they could treat stock trading. Like not like a thing. You check once a day on the news like video game. Yeah yeah then. this was. This was happening right at that time. When and he was a computer savvy person and he had some several hundred thousand dollars that sort of arrived all at once and he went and tried to learn the business of shorting penny stocks and in the course of six months lost the entire amount well now compared to some of his bandmates who went out and bought nine hundred sixty four lincoln rentals which also they were not equipped to maintain but at least they end up with a car or give all their money to arts institutions. I mean he didn't lose his money really any more profoundly than everybody else in his band but he lost it a lot faster and in it right in front of us you know like he would come to bamberg two since you all. I'm down but you know tomorrow. I've i've got it figured out like tomorrow. I'm going to make it habitable and then lost it all It's sad to me. Yeah it was in a way that somebody just giving it to arts institutions or or buying cars would not be i don't know there's just a sense of futility to yeah you feel like blowing it go ahead and blow it but you know he was while this was happening. He was living in a one bedroom apartment on capitol hill and he continued to live on an a one bedroom apartment on capitol hill even through the the the big transfer of money. Although now i will say that happy ending to the story is he did become a computer person who moved to palo alto and now i think lives in helicopter buy and sell all of us but he probably got the job based on all the stuff you learn about algorithms losing three hundred thousand dollars a royalty. That's right well don't cry for him. Argentina but you know. The stock market has gone through many permutations. I'm talking about specifically the new york stock exchange. It is stocks have been traded for many many centuries. We talked about the beginning of the insurance trade in in venice italy in during the the renaissance But you know it was. That was the entry called what Agree genuine insurance gentlemen. Didn't actually have any gentlemen insurance in there was there was a labelling issue. Yeah there was a little bit. Fda anger but the new york stock exchange kind of formed coalesced rather in the late. Seventeen hundreds you know. We're a brand new country and in new york. There was this informal group of people that were trading securities you know trading sort of ownership in in in businesses. You know a lot of these businesses were just people just really scrambling and an stock trading in futures securities it was all pretty informal group people in fact The well it wasn't they met for many years in a coffeehouse. The tom team coffeehouse which kind of built as a place for stockbrokers this is down on wall street and were they doing all the yelling shares. There's like twenty five. People sitting drinking coffee sitting around tables and kind of there was a blackboard. For the supercomputer the supercomputer had not been invented yet and the supercomputer does not feature in this story so good because then then alexa yes. Thank goodness. don't say that word So the stock exchange new york is the center of of a lot of hustle bustle in the early eighteen hundreds and and that's kind of in large part because of its status as a great port and it's access to the hudson river. You know the up. The hudson was where a lot of the Agricultural produce the produce was entering into the farms of stream and so steamship send and ferry. Boats are a big part of that early industrialization. You've got a textile mills in in the northeast that are processing the cotton from the south. You know this is this. This early nineteenth century kind of american boom and the erie canal. Is you know. I proposed and then built to to bring all of that. The mid western yeah to market and figure by the name of cornelius vanderbilt. Who you may have heard of enters into the picture as a young guy he he was. He's from the vanderbilt. Vanderbilt's have been in new york since sixteen already from old dutchman. Yeah this they were van der belts and then eventually became vanderbilt. What great great. Great american story of how names are made. Yeah the space bar was broken at ellis island long before less ellis island although no wait ellis island. The island was there probably not yet named ellis. Most of it's been Also was added on like new soil from when they dug the lincoln tunnel or something. Oh that's right. They used to be tiny but vanderbilt himself started out as a As the son of a guy who was running a ferryboat back and forth across across the hudson river to new jersey. Just a good job back. Then you know yeah just like a like a little dinky with a couple of sales that this was this was before the brooklyn brel wasn't one of the rope kind it. Who's actually a boat. Yeah little boat. I you couldn't couldn't have strung a rope across the hudson but maybe across the east river and so vanderbilt as a young man you know his first his first business was he bought his own. Little two masted open schooner and began in the ferryboat trade. And this was a you know. This was a even back then. People want to get to jersey for say they wanted to get to jersey. That was where that was where it was all happening. And when the railroads. I started entering into the picture in the eighteen thirties. You know the railroads couldn't really get to manhattan. They could get to new jersey. They could get you know. They came in from various but pennsylvania railroad onto her very load onto a ferry ride and so much traffic across the river and vanderbilt. You know started to build. He got his second boat. He started to a branch out now he had a now he had a little little ferry company and then as the the textile industry starter the you know the new england textiles started to be a major industry more and more transatlantic shipping got into became part of the american economy. We talked about the rise of the steamships in the s america country and so vanderbilt. Got into the steamship business in the in the gold rush days in california. Then they're became a lot of steamship traffic At the time those ships would go down to panama and then unload the goods. Carry them across the. It's mus on mule trains and put them on boats and take them up the coast and then eventually there was a railroad built across panama. So vanderbilt was in shipping and that was a big part of his well. That was kind of where he got his start. But it's funny that things are changing so fast that you can be in shipping and then that means your ferryboat guy. And then you're a railroad guy and then you're got sailing ships right on. I guess it'd be the same as in tech today. Where yeah you start. As encoder microsoft starts making..
The Ins and Outs of ETF Tickers
"Do i have to do to hold a ticker so in order for a client of an exchange reserve a ticker they simply need to reach out to the exchange and make the request. It's pretty simple and straightforward if the tickers available. We reserve it for them. If it's already reserved by another exchange we place ourselves on the wait list in anticipation of a potentially becoming available or we can reach out to the exchange that hasn't reserved and ask it. S them if they'd be willing to release it. So is this like go. Daddy though pay. Should i do i pay in. Plunk down like twenty bucks. Then i get to sit on the url. No no you actually don't need to pay anything in order to reserve tickers. The exchange doesn't look at that as revenue line. Nobody really owns tickers to be honest with you. I mean just by way of background in. This is going way back when i started my career at the new york stock exchange in corporate listings. There was literally one guy. He said very small office with a huge ledger. I'm thinking it was maybe two feet by three feet and size. It was leather bound. And you'd walk in there and you'd have to bring a piece of paper actually in triplicate and reserve sticker it was very manual at the time exchanges eventually utilized other software technology but it was all individual exchanges fast forward to today. There's this concept of the inter market symbol reservation authority israel and it is all under the regulation regen a mess national market system plan and filed with the sec. So it's much more much much. More specific relates to the ability to be able to reserve tickers in. For how long so. So essentially each exchange has the opportunity to preserve up to fifteen hundred symbols and as symbols reserved for twenty four months and if that extent has used that an apply to a listing than they actually lose that reservation and it goes to the next person the next exchange on the wait list.
New York Stock Exchange Reopens as Covid Restrictions Ease
"When a company's stock starts trading on the new york stock exchange there's a tradition executives crowd onto a small balcony. And there it. Is they ring. The opening bell that has played out differently during this pandemic year when the new york city lockdown started the exchange operated without its trading floor for the first time in its two hundred and twenty eight year history two months later but with limited capacity. Today that changes. Here's npr's david gura. When the opening bell rang on. Friday the trading floor was still pretty empty and quiet. A far cry from how boisterous it used to be and there was only one person standing on that balcony. You'll see a bigger crowd on the podiums going forward. Stacey cunningham runs the new york stock exchange now that the vaccine rollout has been progressing. Were not as concerned about having both masks social distancing as double protection as of today more traders will be allowed back in the building if one hundred percent of affirms traders are fully vaccinated. More of them can be on site another big thing tv. Networks will broadcast live from the trading floor again. They haven't done that since march of twenty twenty so we were making a decision about the health and safety of the people on the trading floor as well as the livelihoods of the people on the trading floor.
Roblox Founder Worth $4.6 Billion
"Roadblocks david basuki is now worth four point six billion as shares soar. You see a chief. Executive of roadblocks may well be letting the sound made famous by the game after the firm's debut on wall street netted him four point. Six billion u s dollars. The gaming platform has risen in value by sixty percent to forty seven billion after its first day of trading on the new york stock exchange. It means it is worth more than some of the biggest game. Publishers including take two soft and electronic arts service sukey said it would help create a digital world that went beyond gaming to all those who helped us get one step closer to fulfilling our vision of the metaverse. Thank you he tweeted. The metaverse is a science fiction concept for a series of interconnected digital worlds where people hang up late games work and learn phrase was coined in a novel snow crash where it served as a virtual reality successor to the internet. The novel ready player one. And it's twenty. Eighteen film added patient depicted similar idea in its oasis in several games have attempted to create virtual worlds for real world activities. Roadblocks is the world's largest user generated game site players can also build and share online worlds. It is free to play. Relying on purchases paid for in currency known as robots for its income developers are also paid into virtual currency which can be converted back in a cash last year more than twelve hundred developers may ten thousand or more with three hundred making more than a hundred thousand
Roblox expects direct listing on NYSE
"The most popular gaming platforms is going public. Roadblocks is expected to start trading shares in the growing video game company on wednesday it will trade on the new york stock exchange under the symbol. R b lx roadblocks
Arturo Di Modica, Sculptor of the New York Stock Exchange ‘Charging Bull’, Dies at 80
"The Italian sculptor Arturo Demote Akha, who created the bronze Bull statue near the New York Stock Exchange, died in his hometown in Sicily at age 80 demonic a lived in New York for more than 40 years and opened an art studio in Soho. He installed the 3.5 Ton charging bull without permission. On the night of December 16th 1989 it became the
Modern Oracles and Astrology
"Welcome to kids myths and mystery signer host. Kit chrome with this podcast. I begin a month long examination of modern oracle's and their methods of divination last friday. I mentioned how not all forms of designation demand a psychic or even a sensitive one. Such form of discrimination astrology as common popular astrology is today is complex but as mentioned does not rely on the reader having psychic abilities instead relies heavily on planets and stars. Initially you might scoff at the idea of pulling any kind of prophecy from the heavenly bodies. But let's take a look at the history of astrology. Mayan astrology is a variation of mesoamerican astrology. One of the most forward thinking kinds of astrology of times. Mayan calendar's comprised of twenty day signs and thirteen galactic numbers. Making two hundred sixty day. Calendar year the mayan study of the moon planets milky way son was some of the most accurate pre telescope astronomy in the world. Mayan astrology goes back to around the fifth century bc. Then we have england stonehenge. Gerald hawkins work on stonehenge was first published in nature magazine in nineteen sixty three following analysis. He had carried out using a harvard. Smithsonian ibm computer. Hawkins found. Not one or two alignments but dozens. He had studied one hundred. Sixty five significant features at the monument and use the computer to check every alignment between them against every rising and setting point for the sun moon planets and bright stars the position say would have been in in fifteen hundred bc so has astrology around for a while no doubt but let's go back to present to find out how astrology works. Here's a simple answer. Astrology works on many levels at the simplest level. It is not unlike a complex clock the uses the motions of the planets in a similar way to the movement to the hands on the face of a clock. Now let's dig a little deeper. Astrology is the belief that the alignment of stars and planets affects every individual mu personality and environment depending on when he or she was born. Astrologers print horoscopes and newspapers that are personalized by birthday. These horoscopes make predictions in people's personal. Lives describe their personalities and give them advice. All according to the position of astronomical bodies a survey conducted by the national science foundation found that forty one percent of respondents to their poll. Believe that astrology is very scientific. This begs the question astronomical bodies affect our lives. Solar flares cost electro magnetic disturbances on earth. That can disrupt satellites and even caused blackouts. The position of the moon costs us ocean tides. If you're a fisherman that position of the moon can have a significant effect on your livelihood. The solar wind causes beautiful aurora and sunlight itself is the main source of energy for our planet. Still the question. How is strategy as a tool of divination astrology uses a set of rules about the relative positions and movements of heavenly bodies to generate predictions and explanations for events on earth and human personality traits. Some used astrology to generate very specific expectations. It could be verified against outcomes. What does science have to say about astrology. Simply that it's not scientific yet. Hundreds of thousands of people have been influenced by designation nation provided by astrologers millions across america. No there astra logical sign and read their horoscope in the newspaper. Daily get this j pierpoint morgan. One of the world's greatest fight answers was suspicious of accepting planetary advice but ended up applying astrology to all of his personal affairs. John adams famous second president of the united states refused to sign the declaration of independence until the exact moment planetary indications were most auspicious. And this will really get ya jay. Jacob stout jeff pierpoint morgan and seymour cromwell comprised a bracket of three successive presidents of the new york stock exchange who utilized astronaut. Advice implanted their operations. They scoffed at this. However upon the arrival of the wall street crash these men had been warned by their astrologers and thus averted disaster disci- support astrology is a form of give nation. No has astrology affected millions of individuals over the centuries the answer is a resounding yes
GameStop shares surge after Robinhood eases restrictions
"The Bay Area have caused their financial partner to change its mind. The stock trading at Robin Hood says it will again allow investors to start trading Gamestop shares, a small group of investors have protested outside Robin Hood's headquarters in Menlo Park and outside the New York Stock Exchange. Robin Hood had blocked users from buying up shares of stocks and companies like Gamestop, AMC and BlackBerry Robin Hood restricted buying when Reddit users caused the stock prices to soar. Ah lawsuit filed in New York claims the APP deprived retail investors of The ability to invest in manipulate the open market. Rob Newton
Guest Teacher Janel Dyan on How to Invest in Womens Leadership in Your Company
"Today. We'll be talking about why in these unprecedented times. Women in leadership are essential to your company. Short-term growth and long term survival gender and racial equality are certainly hot topics of conversation right now but there are some organizations that are ahead of the curve and like me have been focusing on the equality of women and women of color for years and these are my clients women in leadership women on the rise women entrepreneurs and women at the helm of fortune five hundred companies today such so what lincoln and ford motor company and helping them grow as leaders. What i do best over the past seven years. I've worked with females of all colors and varied backgrounds from the bay area to new york. They are not only having a huge impact today but they are paving the way for all future female leaders industries historically dominated by men. And here's what i see. The companies who have made it a part of their core tenants to support an invest in diversity programs for the leadership development of women are the companies who are now today's industry leaders and it's not only for the products and services they provide but more importantly as a brand that people want to work for by from remained loyal to the shifted their measurable for success to include strong corporate culture of innovation employed growth customer loyalty and diverse leadership team who focus on purpose. And not just on the bottom line. They understand that their greatest assets are their employees and they have dedicated their efforts to be a brand that is people focused and purpose driven during our time together. Today we will focus on three lessons. You can walk away with first because women are. Today's largest and fastest growing global consumer companies need to shift their brand strategy to recognize the powerful role that women in leadership play driving economic growth. Next we'll take a look at why the greatest leaders are master storytellers and how powerful story can be and finally will cover some tips for building a culture with equality in its foundation including ways to establish promote an invest in fema leadership. So let's get started less than one. Women are the fastest growing global consumer and it's imperative that companies adjust according to. Brigitte brennan author. Why she buys and winning her business. Women make or heavily influence. Seventy to eighty percent of all purchases across all industries which means women are every company's largest target customer to truly capitalize on this customer trend companies. Must do a better job creating products and services with female buyers in mind. Companies must create a brand that women will buy from advocate foreign remain loyal to the companies who are most equipped to connect with women are led by other women and their leadership results have a positive impact. On company performance. The profits higher margins add more returns for investors leaders such as saffir cats of oracle and mary barra of general motors. it seems like commonsense. But it's actually not common practice. Facts are that only. Eighteen percent of global firms are led by women and according to this year's forbes annual report the number of women. Ceo's running fortune five hundred companies since it just seven point four percent so clearly. There are strong logical ethical and financial reasons to put more women at the helm according to study by mackenzie if we can close the gender gap by twenty twenty five twenty. Eight trillion dollars would be added to the global economy and to put that in perspective that is the size of the economies of the united states in china combined. Right now during covid and racial injustices at the forefront we find ourselves in a global economy with the future unknown. These challenges are now calling for new leadership no longer one of command and control but one of collaboration community one of the biggest actions that any leader can do right now is be transparent and empathetic to their team members and customers because anxiety and uncertainty are heightened during this time of crisis emotional connection on a basic human level between the leader and employee has never been more important than right now a recent study done in two thousand nineteen by mit sought to determine the makeup of the most effective leadership teams and those are the teams with the most women especially women of color as they are leaders who bring a deeper understanding of resilience. Women are also more likely to have empathy for those struggling to deal with change or lack of inclusion become role models for the change that they seek and are willing to share inspirational stories to motivate to embrace change they are in general more inclusive and collaborative making in leadership style which is a combination that continues to prove to be effective in getting companies to move faster in times of change lesson to the power of story. Why greatest leaders are master storytellers. We all love stories. In fact stories are what differentiates us as human beings. It is highly forged connections among each other and they'll trust as a community each stories an emotional journey that reinforces shared beliefs values and vision that we can all relate to from drawings on the walls of cave with stories of heroism folktales. That are full of more lessons to generational family tales. That remind us of our roots. Human beings need to feel that we are part of something greater than ourselves stories. Reminders that through tough times we will come out to the other side stronger wiser and more unified than ever stories. Bring us back to the beginning and remind us of who we are and what we do in stories creek clarity in our purpose and vision to get their. The greatest leaders are master storytellers. Simon sinek author of the power of y in infinite game says beautifully leaders aren't responsible for the results. Leaders are responsible for the people who are responsible for the results. It is during these times of crisis that provide an excellent opportunity for leaders to communicate stories of incredible vision for the future showing empathy advising with humility and providing optimism. For what lies ahead. They also understand marketing at its core is simply about storytelling. and it is the stories. They choose to tell that can differentiate brand as an industry leader communicating the values of the brand with the product and services they sell. I mean who wasn't choked up watching google's tearjerking super bowl ad of a love story that began with a simple question how not to forget. So tying back to what we learn in less than one about women being the largest and fastest growing global consumer with the understanding that stories have power companies must give their products and services a story that women now can relate to and what better way to do that than with women at the helm leading the way finally lesson three building corporate culture with gender equality in its foundation companies with strong female leadership such as new york stock exchange. Pwg and google are continuing to create more equitable inclusive and fulfilling workplaces for all women and the investments are already proving to return tenfold to their bottom line.
NYSE Says Again It Will Delist Three Chinese Telecom Stocks
"The trump administration is in its final days. But that doesn't mean that they're not still pressing ahead with their aggressive china policy when it comes to tech president trump has signed an executive order banning transactions with aunt groups ali pay tencent's wechat pay and q. Q. as well as five other chinese payment apps quoting reuters lee order argues that the united states must take aggressive action against developers of china software applications to protect national security it tasks the commerce department with defining which transactions will be banned under the directive within forty five days and targets tencent holdings q. q. And we chat pay as well quote by accessing personal electronic devices such smartphones tablets and computers chinese connected software applications can access and capture vast swaths of information from users including sensitive personally identifiable information and private information. The executive order states such data collection quote would permit china to track the locations of federal employees and contractors and build dossiers of personal information the document ads and quote so as i've said several times when it relates to the subject i still haven't developed a definitive opinion about this whole tech cold war with china. Smart people. I know really do believe that. China's tech ambitions are set to the us's dominance in various ways and so must be meaningfully countered the problem. I'm having though is at least these last few years. The trump administration in my opinion hasn't put together a coherent argument about what they're doing. Or why so. It's hard for me to even form an opinion. That's not me being political. That's just me being someone in the tech industry that feels this whole posture. Vis-a-vis china by the government has been maddeningly inconsistent. So far case in point after pressure from the us government. The new york stock exchange said it would delist the stocks of three chinese companies china mobile china telecom and china unicom in order to satisfy an executive order imposing restrictions to prevent american companies and individuals from investing in companies identified as being affiliated with the chinese military. Now that was always the plan they were going to list these three companies and then two days ago the nyse reverse course and said it would no longer dealers those companies now today. they're reversing the reverse quoting cnbc. The exchange reversed that decision on monday causing much confusion treasury secretary mnuchin told the exchange that he disagreed with the original reversal. A senior administration official told. Cnbc's eamon jabar's the mis's said the latest reversal was due to new guidance. From treasury's office of foreign assets control that said people in the us could not engage in certain transactions with the three companies as of next monday trading of the three securities will be suspended at four pm eastern time on monday the exchange said and quote. See what. I mean confusing as all get out isn't it. China mobile is a one hundred billion dollar company. I believe they've been listed on the nyse for more than a decade. As i said before around these issues capitalism requires a clear set of rules that everyone involved in the great game of capitalism can understand if you don't know what the parameters of engaging and capitalism are then that's not capitalism so i guess one of the bigger questions going into the new year does president biden have as big an ax to grind with china tech as president trump. Did and will we get a more coherent position. Vis-a-vis chinese tech
China criticizes US order against dealing with Chinese apps
"Beijing has criticized a U. S. Wilder against dealing with Chinese apps China's government has accused Washington of miss using national security as the excuse to hold commercial competitors after president Donald Trump signed an order banning transactions with payment services Alipay and WeChat pay and six other apps Tuesday's order escalated a conflict with Beijing over technology security and spying accusations that has plunged US Chinese relations to their lowest level in decades he follows confusion in financial markets off to the New York Stock Exchange announced last week it would remove three Chinese phone companies and then withdrew that plan Monday I'm Charles last month
NYSE does a U-turn on Chinese telecoms delistings
"New york stock exchange announced. It will no longer delist china. Telecom china mobile and china unicom last week. The exchange trading stocks would be suspended on january seventh ahead of a full delisting to be in compliance with an executive order that forbid trading of shares in companies tied to the chinese military. The exchange did not say what changed in terms of compliance to that executive order other than to say it will continue to evaluate the applicability of the order to those companies
NYSE says it will no longer delist three Chinese telecom giants
"Pressure on China. However, the New York Stock Exchange says eat no longer plans to deal is three Chinese telecommunications giants after consulting with the Office of Foreign Assets Control. The index said it had originally planned to drop the Chinese telecom listings in order to comply with President Trump's November executive order, which bars American Companies from investing in firms he claims, eh. The Chinese military Chinese Security Regulatory Commission on Monday said the order was based quote on political purposes. Other major indices including the S and P and Dow Jones have taken steps to comply with the order, which will go into effect next Monday. Showman. JAL fucked me
Stocks fall as trading starts for year of great expectations
"The closing bell at the new york stock exchanges. We raffled trading on this monday january fourth and it was a down day down star to the new year for wall. Street volatility gripping financial markets spurring a stock selloff amid concern that a surge in global corona virus cases could crimp the economic recovery traders also jittery ahead of tomorrow's runoff elections in georgia which could determine whether democrats have control of congress to push president elect. Joe biden's agenda so a down day read on the screen however we finished well off session lows right to the numbers s and p down fifty five drop today of one and a half percent. The dow down three hundred eighty two down one point. Three percent nasdaq lower by one hundred. Eighty nine points a drop of one point five percent to put those numbers in context that the worst love of the day the snp have been down ninety three a drop of two and a half percent. The dow had been down seven hundred twenty four down two point four percent again the snp ending the day with a loss of one and a half percent.
China warns of retaliation for NYSE's delisting of companies
"Threatens to take unnecessary measures in response to New York Stock Exchange delisting. Of three companies. China bound on Saturday to respond to the delisting of three telecom companies.
China says it will respond to delisting of telecom giants
"Vowing to respond after the New York Stock Exchange said it will delist three Chinese companies following an executive order from President Trump. Will bar Americans from vesting in firms believed to be linked to China's military, NPR's John wrote reports. The investment band takes effect on January 11th. The New York Stock Exchange said on Thursday it would complete the delistings by then. Companies are China Telecom, China Mobile and China Unicom, Hong Kong all our major state owned telecommunications firms. China's Commerce Ministry says the U. S move hurts the interests not only of the Chinese firms but also investors outside China. Including in the United States. It says it will also damage confidence in US capital markets. In response, China will take necessary measures to quote resolutely safeguard the legitimate rights and interests of Chinese enterprises. It did not give details of what that would entail.
NYSE to Delist China's Major Telecom Operators
"China says it will take necessary countermeasures in response to the New York Stock Exchange announcement that it will delist three major Chinese telecoms. It's the latest flare up of tensions between Beijing and Washington. China did not offer details on what the measures might be. The move stems from an executive order President Trump issued barring investment and publicly traded companies that the U. S government says are owned or controlled by the Chinese military. Stock exchange said Thursday it would delis China Telecom, China Mobile and China Unicom Hong Kong with trading of the company's suspended in early
New York Stock Exchange to delist 3 biggest Chinese telecoms to comply with Trump executive order
"China warning of retaliation after the New York Stock Exchange delisted three major telecoms China Telecom China Mobile and China UNICOM President Trump issuing an executive order to ban publicly traded companies owned or controlled by the Chinese military. China's calling the move and abuse of national security. Trading will be suspended the second week in
NYSE to delist 3 biggest Chinese telecoms to comply with Trump executive order
"China says it will take necessary countermeasures in response to the New York Stock Exchange is announcement that it would d list three major Chinese telecoms AP Correspondent Julie Walker reports. It's the latest flare up of tensions between Beijing and Washington. China did not offer details on what the measures might be. The move stems from an executive order President Trump issued barring investment and publicly traded companies. That the U. S government says are owned or controlled by the Chinese military. The stock exchange said Thursday it would delis China Telecom, China Mobile and China Unicom, Hong Kong with trading of the company's suspended in early January. I'm Julie Walker,
"york stock exchange" Discussed on Marketplace with Kai Ryssdal
"This is marketplace. I'm Kai Ryssdal. It was as you just heard the sad music today days of endless trade wars and all that but as iconic onic as we here at marketplace would like to believe the sad or the happy music is free market. Capitalism does have another sonic signature. The sounds the begin and end end the trading day marketplace Justin Ho as that one. It's nearly nine thirty in the morning. The trading day is about to officially begin right now a few players from the Harlem globetrotters or standing on the marble balcony above the bustling trading floor of the New York Stock Exchange. At at the moment there tossing basketball's back and forth with the crowd below. Finally it's time the Harlem Globetrotter. Big Easy Lofton is pressing the button that brings about the other hand. He's spinning a ball on his index. Finger Lofton's supposed to ring the opening opening bell for ten seconds. The closing bell rings longer. You must hold that button down for fifteen seconds. They tell you that if you don't hold the button down for fifteen seconds. The members are going to you that you didn't do correctly. That's Jim Sheehan the CFO of Hormel foods the company behind Spam Columbus meats and skippy peanut butter back in October. The exchange invited the company to ring the closing bell. Fifteen minutes before it happened Hormel. CEO Surprise she by giving him the job of pressing the button. You know. I've the company for forty one years so I've had a long career with a company. It's one of those things. It is almost a culmination of career for me. The exchanges used brass bells. It's the book in the Trading Day ever since nineteen ninety-three before that used a Chinese Gong and usually exchange officials would ring the bell then in Nineteen ninety-five the NYSE Eleusis started inviting companies to do the honors. John Steele Gordon is a Wall Street. Historian he says it was the early days of the DOT com boom. TV news was covering more of what was what's happening on Wall Street and companies realized that ringing the bell could give them a little publicity an talker. Shane was more than happy to make this available because it gave the New York soccer change good publicity Blissett to people end up on the marble balcony for all sorts of reasons executives during the bell when their companies go public. Or if they're releasing a new product the Harlem globetrotters. We're about to start an international tour but he lose the exchanges executive vice chairman. This year alone. You Know Uber. For instance of course rang if for their IPO and they have one of their drivers ring the Bell we had first Malania trump com recently and she rang the bell. It almost feels like when you give away the key to the city. That's Ian Bremmer founder of the consulting firm. Eurasia group like the mayor does that. It's kind of this on Riddick in a place that a lot of things seem ephemeral. It's something that we've been doing wing for an awful long time. He's running the bell twice once in two thousand nine again in two thousand eighteen. After he started a new media company called Jesus Zero Media both times he you said the Stock Exchange invited him was like yeah. It was a great new company. You're doing and when you when you have a chance. Let's figure out a time that you guys come and ring the bell and it wasn't something we were lobbying for Betty. Lou didn't divulge olds how the selection process works. But there's a request form on the NYSE website. The form says the bells reserved for public companies listed on the exchange. But sometimes there there are last minute opportunities for deserving nonprofit organizations we were on our way to present our work out a fundraiser. And got this call at six thirty the evening before the bell was supposed to be wrong. That's BECA DEMEO. She's the executive director of city. Growers nonprofit that teaches teaches young people about farming. Apparently the company that was supposed to ring the bell had dropped out the chair of the Board of Seger's Georgia she called and just said Hey guys wandering the opening bell for the New York Stock Exchange and I was like. Oh is that a thing. Is that something we should do in Georgia like yes BECA. It's definitely something we should do. DEMEO had thirty minutes to throw together a list of people who would be there. She brought along a few colleagues. CD Growers Program Manager Rennell. Saint George Press the button. I was really excited about it because I I did. Learn about bringing the bells economics watching Saint Your ring the bell you can tell he's excited he'd beams as does. He presses the button with his fist in the air. Yeah I was trying to pump the Margaret. I was trying to be sure as the day after ring. The Bell Saint George signed the wall in the back room and went home with a plaque that day. The S. and P. Five hundred and the Dow closed up in New York. I'm Justin how for marketplace regular listeners will know that we talked on a pretty regular basis with the CEO's of companies that shape our everyday lives. You can listen to those interviews in their entirety by the way on our corner interoffice podcast but those companies are mostly big entirely for profit and generally corporate companies the next couple of weeks though. We're going to talk to people. Running nonprofits the profits and charities which it has to be said here also shape people's lives we start with co-presidents of an organization called baby baby. Kelly sorry Patrick often nor Weinstein. Run the thing you're off. When they came into the studio the other day with the elevator pitch our elevator pitch is very simple? And it's that we provide provide diapers clothing and basic essentials to children in poverty. Who deserve them? And I say that it's simple because it's really a very old fashioned. Shen form of charity. People generally want to help children in need and we give them a very tangible way to do so. There are though Kelly dozens hundreds hundreds of organizations with a very similar mission statement. What's your business differentiator? I think we've always looked at baby the baby as a business snus and we've never looked at it as something that was going to be small and that was going to help few and I think people got behind us because no oh like there's no food stamps. Don't cover diapers. These families are paying to fourteen percent of their income on diapers. It's so expensive. And when and you really like look at these facts you can't imagine being in this situation and not being able to put a diaper on your baby or emptying your baby's diaper out and hanging out to dry Brian putting it back on your baby. Those are the realities that the families we serve a facing. Of course I don't know that there's hundreds or thousands thousands of organizations doing similar work. There are some and we partner with them. Admire them in. Want there to be more and more. But we're truly a middleman to these other organizations where we are solely focused on getting them diapers clothing car seats strollers warm clothing pajamas. Tom Is bottles formula school uniforms backpacks. And there it's actually. There are actually not that many so it's sourcing and distribution right so in essence you two. We're running a logistics company. We are found ourselves running in logistics company. Now what we thought when we started. Well no but but look you you and this company and where we are in the city you to you come with differentiator and that is the role of of influencers and celebrities and your social circles that have permitted you to expand How did that come to pass? Did you just call Jessica Alba and say. Hey D- do you have some servers. It's funny We we tell the story a lot and we. He had a event where we begged our friends to help us get alcohol sponsors and spaces sponsored and all these things. And we invited Ed Jessica. Alba and Nicole Richie who are two of our founding board members and one of our friends who is NPR. Who happened to help us out? That night I I took a photo and the next week. This photo was in US weekly magazine. And it said the baby to baby event with just Galvin Richie itchy. We weren't into photo we're we're okay. We're at our six hundred square foot warehouse and we got a phone call and it was like hello this is NPR. And we'd like like to throw an event with you and we like to give you one hundred thousand diapers and one hundred thousand dollars represented Kimberly Kaku. They never. Yeah so we were in the business of saying yes and as they were saying. Do you accept pallets. We were like what. What is a pallet? But of course we accept ballots and they were like. Do you have a forklift and we're like yeah. We have a forklift. We had no forklift with nothing and the truck showed up with two hundred thousand diapers and we unloaded at ourselves with our one intern in our heels and they flew off the shelves and we realized that early on that utilizing these influencers and celebrities could be a key to our success and growth so we've continued to surround ourselves with a group of women both board members and extension one of our board that we call our Angel Group and they're not names on piece of pieces of paper they are women and they're all mothers and they bring in their own own companies to volunteer. They also give us millions of items from companies that they've started. They do similar events where in return for a sponsorship. They will will pose for a photograph that allows us to get millions of dollars and millions of customs. So we've utilize them and it's it's really worked so there's a growth in scale question GonNa be asked right show. How are you going to grow this in a way that lets you stay true to your mission? When there's so much opportunity in short so I would start by saying I'm going back to the narrow mission because what we have found is we have identified this category of need which just for these basic essentials and it is not stopping? We have at all times a wait. List representing over fifty thousand children in Los Angeles alone on the numbers in the country are exponentially more than that and every homeless shelter hospital domestic violence. Alan Shelter School district. That hears about US says we would love to be a part of this so our ski. So we're not. We're not interested in growing beyond the mission of doing doing that. We're interested in reaching more children with the mission that we've already established nor Weinstein Kelly. Sorry Patrick companies called baby baby. Thanks you too for coming in. Thank the extended version of that interview. Kelly Sawyer Patrick often a Weinstein. The co-presidents of baby baby baby. The baby is on our corner office. PODCAST including by the way how that whole co President.
"york stock exchange" Discussed on Bloomberg Radio New York
"The New York Stock Exchange for putting on this Thursday July eleventh looking at records for the Dow and the S. a move lower for the nasdaq composite index at the bell the Dow up two hundred twenty seven points are by eight tenths of one percent at twenty seven thousand eighty seven S. and P. up six closing just below three thousand twenty nine ninety seven there's a decimal involved there twenty nine ninety nine actually point eighty seven up by two tenths of one percent nasdaq lower by six a retreat for nasdaq down by about one tenth of one percent as for the economic backdrop Michael Sheldon is chief investment officer at party M. financial group he was our guest moments ago right here on Bloomberg businessweek most leading economic indicators don't point to a recession right now they point to a slowdown or more moderate growth compared to two thousand eighteen for example so we don't see a recession ahead obviously things can change we're still of the opinion that that somehow China in the United States will be able to resolve their differences and if that can happen that can provide a boost for consumer and business confidence which I think would help promote stronger economic growth the tenure down nineteen thirty seconds with the old of two point one two percent these headlines from the Bloomberg professional service the Boeing executive in charge of the seven thirty seven MAX program is retiring and Accenture has named Julie suite has the next CEO this according to the F. T. gold floor by eight tenths of one percent today an ounce of the precious metal of fourteen oh seven West Texas intermediate crude higher little changed up four cents at sixty dollars forty seven cents a barrel that was a gain of less than one tenth of one percent actual technologies buying closely held biotech instruments for one point one seven billion dollars recapping records on Wall Street S. and P. up six a gain there of two tenths of one percent the Dow Jones industrial average higher by two hundred and twenty seven points up by nine tenths of one.
"york stock exchange" Discussed on Biz Talk Radio
"Kidney cops. Thanks again to care. Malik from canopy bigger party, academy girls. I wanna talk about that. Okay. He's from buying grow. I don't own that stock. But I'm sure look at how well I'm just I'm just looking at national cannabis can grow anywhere. It is a great. It's a fantastic vertical. I know we talked about a lot lately. But I think it's worth speaking about mainly because let's face it. It's it's one of those verticals like cyber security and crypto category. One one of the biggest companies around is a company called canopy growth stock symbol c g c canopy growth. Good. And I just I will tell you full disclosure right now, I own two hundred shares of canopy growth. I bought it at about forty seven fifty a share. Okay. I've got a trailing stop on it in other words. Right. But I just gonna say this people ask me all the time. Is there a is there a cannabis company that is traded on the big canopy growth is trade on the boards new York Stock Exchange? So for what it's worth this is a this is like. This is this is a conglomerate in the US. But this if you look at a chart here, what is going to tell you is to do nothing. Oh, it's not sideways. I mean. Yeah. Dead. But look what happened just here's forget the stock for a minute. Just look at this as a charges say this is Russia's tequila factory chart here from the bottom down there. The bottom is still Catholic later K has also later says that this thing is fairly valued at forty seven dollars and sixteen cents a share right in the middle. Look at the relative strength indicator at fifty six this says this is fairly valued at forty seven dollars short term moving average. Is it forty seven dollars a share the launcher moving averages. Forty seven dollars a share this is what is called. Okay. A classic hold. Okay. So by seller. Hold right. You're molding. If you have if you got it. This would be hold because it's also fly to hold off. If you don't have potentially one of those things where show that chart again guy. Some look at look at look at birds out here K, it's been there since where January ten military. Yeah. Yeah. What was the last time? It was here September. On October, we go now, look, then it formed at formed a bit of a double top there in Cranston a little bit like the rest of the mar the world. Okay. But what's interesting here is this is classic lesson for you all in how technical analysis works. Gosh. I love. Okay. So think about this. You're back in September. Keep the chart up back in September. You purchase the stock. And let's just call it. Russia's tequila factory right at forty seven dollars, a share now hope against hope to think crashed down all the way. I mean, this thing dropped like a tummy tuck a plus size model what down to twenty seven dollars a share. And you didn't get out K. They'll look at all those people that body and in September and October when all the way down, and then hope against hope it's coming back up. Okay. Instead of keep going. What are they going to start selling? That's technical analysis. Would you take a screen out of that forest fear over because honestly that is how that's why I can predict as a technician what is now. It doesn't mean. I'm I'm not right. All the time. Oftentimes, I'm wrong. That's why why you my portfolio will tell you. I'm deaf. But just put a canvas. Cannabis not goes of all I liked the cannabis vertical. With candy growth is new York Stock Exchange and full of social I do on a couple hundred years that, but I'm not giving you a by solar. Hold on it. You do what you want with it. I've got a trailing stop. I've got married to the same thing drops. I'm out. I'm so, but the point I'm trying to make is this is how technical analysis works. You buy at a certain price at this point forty seven dollars thing went down to twenty seven. You didn't get out. Now, I would have been out at forty three by the way because I put a trailing stop in at five percent. Right. Right. The minute. It dropped five percent. I'm out any stock to you. That's any stock to me. I'm not here. So doesn't know they don't know. It's interesting how how how fear and greed run this market because those people that it crashed down to twenty seven. It goes back up. They're not gonna take the writing. And they dodged a bullet here. I'm getting my money back. You can predict it's not going anywhere look at their products. So there you go. So thanks again to buy grow. Do we have actually have mon-? Can you talk a little bit about the have them on what I would have them on live high live. You gotta go there right now. My live dot com. Features a semi serious look at the.
"york stock exchange" Discussed on CNBC's Fast Money
"Is on edge. J P Morgan gets ready to kick off earning season. That of course is tomorrow. Now have analysts have been fretting that earnings have turned negative for the first quarter. Now expected to be down two and a half percent for the five hundred. This is the first down quarter since the second quarter of two thousand sixteen but early returns indicate analysts maybe a little too pessimistic here for a change overall. Twenty-five companies have already reported first-quarter results eighty four percent or beating expectations. That's what higher than normal. But the important thing is they're beating by a much wider margin than usual, seven and a half percentage points, they're beating by that's much more than the typical three and a half percent beat. So is this happening? It's happening because analysts overreacted in December on concerns over global slowdown led by China and Europe, and they cut the numbers too much. If companies beat estimates by anything close to seven. Percentage points than earnings for the quarter are likely to be up in the low single digits. Not down no earnings recession. The markets could still by the way, turn down if economic data from China and Europe continues to decline, but the biggest obstacle the market faces might not be earnings. It's just valuations stuck so expensive right now. Back to you, Melissa. Thank you on at the new York Stock Exchange, we discussed that before about how the five hundred dollars about evaluation is that about the same level as it was before we really pulled back severely last fall. Some sectors have actually exceeded therefore PE ratios, how do you feel about valuations here if we're in a hate to always do this? But we're from a to two point four ten year. And we're in two thousand sixteen where people are thinking we're in and out of recession, and they're basically, and there is a Tina approach to this. And you get to a place where expectations are really negative is about pointed out. I don't I don't care so much about the valuation, frankly, because the market has been able to price whatever it wants. Mark. I agree. I mean, the the whole Tina thing anywhere else. Are you gonna put your money to work? You can't make any money in cash. You can't make money in in bonds. So you have to put it in stocks. As far as earning season is concerned. What we are really looking for is some good guidance. You know, even if earnings are bad you can easily get through a bad quarter by providing a very very positive outlook. Well as earning season gets underway. Our next guest says there are few stocks poice me big winners and one name. That's looking like a no type with the charts with rock, climber funds global advisors Roddy looking at banks, Melissa I think it's really important to stay focused on the very long term perspective of the market again. We of keep coming back to this point that coming off that two hundred week moving average back in sixteen and again in December of two thousand nine eighteen to us. That's a major cycle. Oh, the market has moved back into a lottery distance here. There's a lot of concern in that twenty eight twenty nine hundred twenty nine hundred three thousand level that the market starts to get over bought this indicator in. The bottom. It's the percentage of stock to the rising weekly momentum. So how many stocks are actually turned up and rising and the key point here. Similar to what we saw back in two thousand sixteen when the market went through a little bit of a pause after that initial this were surge receiving the same thing that we highlighted this indicator a couple of weeks ago, we're now starting to get this minor downtick. That's just telling us that less than ninety percent of the stocks are starting to see a few of these names start to drift off. So as we get into earnings markets relatively high. It's a little bit overbought. We think we get into a lot of churn..
"york stock exchange" Discussed on Pantsuit Politics
"And I started a business became very successful. I in public on the new York Stock Exchange, but I'm gonna have never been able to start that business unless my wife April had a job with healthcare. We were thinking our young family, and you know, these kind of stories are everywhere. People don't start businesses 'cause healthcare they try to get a better job or go back school and get some skills showing credit for universal health care. And I have a way to do it. I think makes more economic sense as holy paid for an involves having you know, a mix of government and private insurance as your. Out campaigning are the American people sort of following this tit for tat back and forth. That's going on in Washington. DC are people just completely frustrated in knock following that narrative at all are people happy with where healthcare is or are. They ready for it to change. I'm wondering is you're taking the temperature. What you're hearing. Such a big industries. You know, it's the six of the US economy. And so really does depend on your perspective. I mean, people have Medicare very happy with Medicare a lot of people have commercial insurance are actually very happy with their commercial insurance. Most people know that many doesn't nearly pay enough right in in states continue to do things to put pressure on Medicaid. And that's hurting a lot of low income Americans Americans are very very frustrated with what's going on for Masuko prices that really until and that comes up in every kind of town hall meeting. I have which is one of the reasons I really think in a leadership role in doing things to get former suitable prices under control what's going on with with drug prices in this country, and how affects the average Americans terrible. And it's also, you know, which really unfair US citizens really in many ways subsidize the whole world pharmaceutical industries being 'cause you know, if you go to Europe in Germany or Spain or Great Britain, they pay about a third for that. We. And it's really unfair. So we gotta get on the level plains the rest of the world, we guy get those drug prices down. About shifting something that creates such a huge component of our economy because on the one hand, we think about how expensive healthcare is because it's part of the private sector on the other a lot of people work in healthcare and work in health insurance and work in brokering health insurance for employers. So when you think about policy that would dramatically shift our system, how do you think about all of the unintended consequences of that policy? It's also one of the reasons like some of the early proposals out single payer healthcare. I think we're really guided because they said things like you can't have four profit healthier companies. And I'm like, well, why would we be behind the fall like there's a lot of people who work for four profit healthier companies country. And why would we ever Kratz try to make those companies a legal that doesn't make any? It also doesn't make any sense to get rid of private insurance. Because if you look at the healthcare market right now about eighty percent of healthier costs or paid by Medicaid. So if you only took Medicaid, you were hostile for example, you'd lose twenty percent Medicare only pays about ninety five percent of healthier costs..
"york stock exchange" Discussed on CNBC's Fast Money
"And now lift is getting ready for liftoff are Baba's down at the new York Stock Exchange with the latest on this year's, no doubt hottest IPO. Bob. Brian good to see, you know, no matter what you think of lifts potential valuation at it's really rich right now, you couldn't pick a better time to go public. The most important determinant of IPO prices is the stock market itself. And the s&p is up twelve percent this year. It's the best quarter since the third quarter of two thousand nine second. There's pent up demand. The IPO market is essentially shut for four months third. Well known brands like lift and Levi Strauss will they're the first ones out of the gate. That's a big help. Finally, the aftermarket. I peel business is hot hot hot the Renaissance Capital IPO ETF this a basket of the most recent sixty or so IPO's it's up thirty one percent this year. It's the best quarter ever for this. That's because we had a huge fifty percent plunge in old IPO's names, like Roku and snap and Koran document at the end of last year and they've all bounced back. So what subject to debate is evaluation? Now, let's talk about lift reports indicate lift intends to pressures above the targetted range of sixty two to sixty eight dollars. Okay. Let's say they try price at seventy that would value the company at above twenty billion dollars. Wait a minute. The last round of funding valued the company at fifteen billion dollars. They want a better than thirty percent premium just to go public. Wow. This is just the beginning. If they get that valuation. What about Hooper the last round of funding value the company at seventy eight billion dollars? Okay. Let's throw in a thirty percent premium on that one. Hey, we're worth over one hundred billion dollars magic. This is how I peel markets blow up extreme greed and the buyers start pushing back the first ones out of the gate, get the premium good for them. Let's see how this looks three months from now when fifty or sixty companies of say lesser quality, go public I want to see this. But if this keeps up we'll certainly pass that magic ninety six billion dollar, Mark. That was the. Amount raised in two thousand for IPO's. It's never been surpassed with more than two hundred. I peel set to go public this year. Brian we've got a shot of breaking the old record back to you. That is a heck of a year for the IPO market as well. Great stats baba sunny. Thank you very much. Well, your next guest says that right now is the prime time to go public bring in Bob Nardelli. Former CEO of Home Depot, also former CEO of Chrysler and former G power systems and transports that yoga welcome. Why is this such a good time to go public? Well, I think Bob hit it. He hit a lot of the key points. I think you know, we saw bounce back after December tail off and people are looking for new places to put their money where they think they can get a an exponential growth..
"york stock exchange" Discussed on 850 WFTL
"Now. Let's talk about that. You know, how do the financial markets, really work? Well, there's two actions in the market. There is buying and selling. And really, there's two groups do it. You're the banks institutions to hedge funds day buying. So then you have really kind of what you call you your retail traders future trading on E trade, fidelity Schwab. You're what's considered a retail trader now a lot of people don't understand is the big money the banks the institutions that are actually moving the financial markets and the markets are zero-sum game, you know, for every buyer. There's a seller every winner there's a loser. So when you put on an investment or trade listeners, you really need to think about, you know, who's on the other side of your trade because you know, if you're buying a stock someone selling it to you. And obviously if someone is selling you a stock they think Deeks act opposite of what you thinking because you're thinking you're going to buy something. It's going to appreciate value. If someone selling it to you or selling short, they believe it's going to go down in value. So there's different ways to kind of really think about the markets and thinking about investing and trading, and it's very important. You know, if you have money in the markets, you know, you really have an edge, and what we do working with students is, you know, we teach me a rules-based trading strategy that really allows you to follow the smart money. Follow the banks and institutions with a high degree of probability. Why do you want to follow the banks because when they're buying? They're buying millions of shares. And if you know what to look for they pretty much leave footprints, like the beach beach here in south, Florida. They leave footprints these banks, and you could follow their lead. You want to buy when the banks are buying and selling this when the banks are selling now, how were you able to fall the banks by understanding multiple timeframe analysis understand order flow understand volume? And you'll really most importantly, you know, how to read these charts. Do you think about it? You know, they cut to the floor the exchange new York Stock Exchange everyone down there there. Look they're looking at charts. I mean look at the computers in the background of the floor. Everyone's looking at charts and ask yourself this. How to reach arts? Do you even.
"york stock exchange" Discussed on 850 WFTL
"Now. Let's talk about that. How did the financial markets really work? Well, there's two actions in the market. There is buying and selling. And really, there's two groups do it. You're the banks institutions they hedge funds they bind sell, and then you have really kind of what you call. You your retail traders trading on E trade, fidelity Schwab. You're considering a retail trader now with a lot of people don't understand is the big money the banks the institutions that are actually moving the financial markets and the markets are zero-sum game for every buyer. There's a seller for every winner there's a loser. So when you put on an investment or trade listeners, you really need to think about, you know, who's on the other side of your trade because if you're buying a stock someone selling it to you, and obviously if someone is selling you a stock they think he exact opposite of what you've thinking. Because if you're thinking you're going to buy something. It's going to appreciate value. If someone selling it to you or selling it short, they believe it's going to go down in value. So there's different ways to kind of really think about the markets and thinking about investing and trading, and what's very important. You know, if you have money in the markets, you really have an edge. And what we do working with students is what we teach them a rule based trading strategy that really allows you to follow the smart money. Follow the banks and institutions with a high degree of probability. Why do you want to follow the banks because when they're buying? They're buying millions of shares. And if you know what to look for they pretty much leave footprints, even like the beach beach here in south, Florida. They leave footprints these banks, and you could follow their lead. You wanna buy when the banks are buying? And so when the banks are selling now, how reliable to fall the banks by understanding, multiple timeframe analysis understand order flow understand volume. And you know, really most importantly, you know, how to read these charts. Do you think about it? You know, they cut to the floor the exchange new York Stock Exchange everyone down there. There's they're looking at charts. I mean look at the computers in the background of the floor. Everyone's looking at charts and ask yourself this. How to reach arts? Do you even know what.
"york stock exchange" Discussed on 850 WFTL
"Now. Let's talk about that. You know, how do the financial markets, really work? Well, there's two actions in the market there's buying and selling and really there's two groups do it. You're the banks institutions to hedge funds day buying. So then you have really kind of what you call you your retail traders future trading on E trade, the -delity Schwab. You're what's considered a retail trader now with a lot of people don't understand is the big money the banks the institutions that are actually moving the financial markets and the markets zero-sum game for every buyer. There's a seller for every winner there's a loser. So when you put on an investment or trade listeners, you really need to think about it. Oh, who's on the other side of your trade because if you're buying stocks someone selling it to you? And obviously if someone is selling you a stock they think the exact opposite of what you thinking because you're thinking you're going to buy something. It's going to appreciate value. If someone selling it to you or selling short, they believe it's going to go down in value. So there's different ways to kind of really think about the markets and thinking about investing and trading, and what's very important. You know, if you have money in the markets, you know, you really have an edge. And what we do working with students is teach them a rules based trading strategy that really allows you to follow the smart money. Follow the banks and institutions with a high degree of probability. Why do you wanna fall the banks 'cause when they're buying? They're buying millions of shares. And if you know what to look for they pretty much leave footprints, like the beach beach here in south, Florida. They leave footprints these banks, and you could follow their lead. You want to buy when the banks or buy and sell when the when the banks are selling know-how able to fall the banks by understanding multiple timeframe analysis understand order flow understand volume. And you'll really most importantly how to read these charts. If think about it, you know, they cut to the floor of the exchange new York Stock Exchange everyone down there, there's they're gonna charts. I mean look at the computers in the background of the floor. Everyone's looking at charts and ask yourself this judo had to reach arts. Do you even.
"york stock exchange" Discussed on 850 WFTL
"Now. Let's talk about that. You know, how do the financial markets, really work? All there's two actions in the market. There is buying and selling. And really, there's two groups do it. You're the banks institutions to hedge funds they bind. So then you have really kind of what you call it. Yo your retail traders future trading on E trade, fidelity Schwab. You're what's considered a retail trader now with a lot of people don't understand is the big money the banks the institutions that are actually moving the financial markets and the markets are zero-sum game for every buyer. There's a seller for every winner there's a loser. So when you put on an investment or trade listeners, you really need to think about, you know, who's on the other side of your trade because you know, if you're buying a stock someone selling it to you. And obviously if someone is selling you a stock they think the exact opposite of what you thinking. Because if you're thinking you're going to buy something. It's going to appreciate value. If someone selling it to you or selling short, they believe it's going to go down in value. So there's different ways to kind of really think about the markets and thinking about investing and trading, and it's very important. You know, if you have money in the markets, you know, you really have an edge, and what we do working with students is, you know, we teach their me a rules-based trading strategy that really allows you to follow the smart money. Follow the banks and institutions with a high degree of probability. Why do you want to follow the banks because when they're buying? They're buying millions of shares. And if you know what to look for they pretty much leave footprints singing, like the beach beach here in south, Florida. They leave footprints these banks, and you could follow their lead. You wanna buy when the banks are buying and selling this when the banks are selling now, how are you able to fall the banks by understanding, you know, multiple timeframe analysis understand order flow understand volume. And you'll really most importantly, you know, how to read these charts you think about it. You know, they cut to the floor the exchange new York Stock Exchange everyone down there. There's like they're looking at charts. I mean look at the computers in the background of the floor. Everyone's looking at charts and ask yourself this doodo had to reach arts. Do.
"york stock exchange" Discussed on 850 WFTL
"Now. Let's talk about that. You know, how do the financial markets, really work? All there's two actions in the market. There's buying and selling and really there's two groups do it. You're the banks institutions to hedge funds day buying. So then you have really kind of what you call you your retail traders future trading on E trade, fidelity Schwab. You're what's considered a retail trader now with a lot of people don't understand is the big money the banks the institutions that are actually moving the financial markets and the markets are zero-sum game for every buyer. There's a seller for every winner. There's a loser. So you put on an investment or trade listeners, you really need to think about, you know, who's on the other side of your trade because you know, if you're buying a stock someone selling it to you. And obviously if someone is selling a stock they think the exact opposite of what you thinking because you're thinking you're going to buy something. It's going to appreciate value. If someone selling it to you or selling it short, they believe it's going to go down in value. So there's different ways to kind of really think about the markets and thinking about investing and trading, and what's very important. You know, if you have money in the markets, you know, you really have an edge. And what we do working with students is teach them a rules based trading strategy that really allows you to follow the smart money. Follow the banks and institutions with a high degree of probability. Why do you wanna fall the banks because when they're buying? They're buying millions of shares. And if you know what to look for they pretty much leave footprints singing, like the beach beach here in south, Florida. They leave footprints these banks, and you could follow their lead. You want to buy when the banks are buying and selling this when the banks are selling now how reliable to all the banks by understanding. Multiple timeframe analysis. Understand order flow understand volume. And you'll really most importantly, you know, how to read these charts. Do you think about it? You know, they cut to the floor of the exchange new York Stock Exchange everyone down there. There's like they're looking at charts. I mean look at the computers in the background of the floor. Everyone's looking at charts and ask yourself this. Do you know how to reach arts? Do you even know.
"york stock exchange" Discussed on Bloomberg Radio New York
"New York Stock Exchange there, Carol it's the best performing in the world who knew and not just for one year. But for several years in a row, and then we have this great deep dive into John skipper. You probably recall how he was at ESPN for years really built it into the juggernaut that it is today. Well, now, he's on to a different mission. It's called zone. It's all about streaming sports and DA's E N is how they spell it. An ESPN may be a little bit worried. Also, take a look at Jeremy Grantham. He's a well known investor likes to talk about doomsday scenarios, but he called the tech bubble. He called the financial crisis correctly. And now, he's. Putting his money and his mouth behind climate change. A billion dollars worth a look at Alexandria, Cossio Cortez, a O C. It's this week's cover story. But I Jason we've got the biggest story of the week. No doubt about it. Brexit that story keeps on giving. And it will continue certainly into the weeks to come on our daily Bloomberg BusinessWeek show. We spoke with Dr Sam Natta puff. He's the president of empire. Global ventures. We asked him what happens next with Brexit. I think there are three things understand about the vote. The first one on a policy level means that Britain has rejected the deal it was offered to exit to European Union. So nobody knows what comes next politically it needs. A Theresa May cannot bring this deal back to the house for another vote that ship has sailed and third the political execution of Theresa May her career is over and like Donald Trump. She still has the title, but she has much less power. Wow. And so where do we go from here because the? The options are narrowing it feels like right there are three options. Now, there's Brexit with a deal, but not the one that got voted on. There's no deal Brexit or there's no Brexit, right? And nobody knows what's going to come next, and Theresa May is no longer in charge of that process. So handicap it for what do you think happens? In my opinion and Mike clients at empire. Global ventures are asking what to do here. Yeah. Over fifty percent Britain stays in the European Union either in a state they're in now or a Norway, plus which is a lesser membership version. So Theresa May has led this incredibly long death March to baton, and she's the only one who died would you call the referendum right UK voted on this. This seventy Britain is sixty four million people seventeen point four million people in Britain said we want to leave. The problem is if they leave in a no deal Brexit, which is now really the only other alternative to staying in the EU Britain will lose nine point three percent of GDP seven hundred and fifty thousand jobs a hundred and fifty thousand in London alone. The Bank of England said three weeks ago that fifty two trillion dollars worth of euro denominated derivatives are now at risk in a no deal Brexit and to put that in context. Britain's entire economy is only two point six trillion dollars. So they're putting it risk something that's twenty times the size of Britain's economy. This is really dramatic stuff. So what happened? I mean. I feel like a couple months ago we were still in that not that long ago. We're still in this like there's going to be a deal. It's is kinda getting worked out. We'll see nobody's really going to be happy. The idea of a second referendum was laughable. Even though I think people on the outside. I put myself in this category. Just vote again like just like the figure out if this what you really want and yet now we're at a point where that's at least an option was there. A single kind of catalytic point here or was it just a series of unfortunate events the driving force behind this. Out of this stick revolution. By britain. Was the fact that the conservative party is split over Europe. And it has been split over Europe. For one hundred years Winston Churchill said we are of Europe. But not in it, Margaret Thatcher. The great opponent of the European Union voted and signed a document to take Britain further into European anyone else ever had British the British Conservative Party is is like to face in the old, Batman comics. They don't know what they're doing. And the problem is is that the extremist wing of the Brexit tears are gunning for Theresa May. They'd rather have no deal Brexit, then stay in your opinion. But I mean, as we have had many conversations, you cannot turn back on globalization, right? Well, that's a conversation. We're having in the United States as well. Correct. President Trump has reimposed tariffs on several industries that would have been unthinkable six months ago. People have different responses to globalization, and it's not because of economic issues, this Brexit as is in many ways. The Trump administration is a conflict between social issues and economic issues urban centers versus rural centers and the rural centers of Britain's spoke loudly in the Brexit vote. So who's the voice you want to hear from next on this from a political perspective who can sort of make sense of it all in the UK? Do you think in the end the conservative party is going to have to get right with a solution? Either. They're going to have to sign onto Theresa May steal in some form, which it's very unlikely they're going to do now or they're going to have to get right with a solution by which Britain stays in the European Union. But again of those seventeen point four million people who voted to. Leave the EU most of them are conservative supporters. So when you vote against your constituents. That's a really good way to lose your job when you're an MP that sector Sam Natta, president of empire global ventures and the answer to the question what happens next, Carol, no one really knows. No one really knows. And I should point out that in the magazine, we also profile six individuals who will be very key and kind of figuring out what happens next summer from the conservative party summer from the labor party. But will we get another referendum? Will we get a hard Brexit Willie push the down the road could it possibly be at.
"york stock exchange" Discussed on Recode Media with Peter Kafka
"You from New York City at our headquarters here, I'm here with Dan, pre MAC sure for MAC for MAC. Let's give us, Dan. The guy I've read forever. That's fine that works. Thanks for coming, man. That's happened. I do not see you nearly enough. So thank you for coming. I know this is a really impressive setup. I was in the box offices years ago. And they did not look like us cleans vacuum. That's a fake plant. Oh, there's a video feed here for reasons. I don't understand how the back and see myself. It's exciting. Thanks for coming. You are of one of my favorite reporters. Oh, that's kind of you say that's the end of the podcast. And now, you're probably going to rip me to shreds. That's just like buttering me up. We don't rip anyone to shreds on the podcast. We do behind the back. I started reading when you were publishing like a p newsletter at Reuters. Yeah. I Thompson financial which ended up buying Reuters. But yeah, I mean starting in two thousand and two I think with my wife started doing his lawyer and then fortune. Then fortune of six years Xia now axios. I think of you as one of the guys who would be successful over you went because you built this following of being a really plugged in guy in business beyond business in the investing world, and is built up a personal brand in back a couple years ago when everyone was very interested in the idea of star journalists going creating their own thing, you should have been one of those guys. Yeah, I happen. Okay. So there there's some history. So go back maybe ten years or so I was going to do my own thing. In fact, I was going to do what became somebody more. Now. Maybe thirteen years going to do what became venture beat. Actually, I would not Marshall who'd been at guess, the San Jose Mercury. Way longer than ten years ago. So he and I were going to do that together. And then I was at Reuters in Reuters, very clearly informed. They were going to sue the hell out of me. If I did that when they found out sue you because zooming because when Tom so Thompson financial buys Reuters. And when that shortly after that happened, the company relisted in the new York Stock Exchange, and like every employee of a big company, you get a new code of conduct or term in the service, or whatever and you sign it because you're an employee, and you don't read it, and it turned out the one of the things in the thing. I had signed was if I was a adviser or executive or something like that of a competitor potential competitor. I was in violation of my contract, which I didn't have a contract, but in violation of my employment. I guess, and I most clearly was and an executive of something we were trying to raise money. There was massive Email trail on that. So I was I was told in kind of no uncertain terms that that they might lose the case, but they would bankrupt me in the process. Okay. So that's the reason to don't do that in the labor. You are guy. Just to be clear got you've. You've had a newsletter. Forever. It moves around a couple of years to go to different job. You have a following. There's a core audience that really depends on you for for the information you provide. So you certainly could leave one company even if you did took zero members from that mailing list. You could regenerate it you've done it. Now. The old companies always on the list. So you could have Dan's fund, Email business newsletter. Tomorrow, if you wanted I could I could move in with Ben and Singapore, and it'd be great let's figure out a better name Benz fun Email newsletter. I could I think to be on..
"york stock exchange" Discussed on No Limits with Rebecca Jarvis
"Because you see that moment of company going public is the opin me of so many things that have worked for and the group all coming together. Right. You and your team executives was that a moment for you where you felt like okay, I've sort of made it like this is what it was about. There was some feeling of, you know, having come to a very high success point. But I think from my perspective, especially as general counsel. I just knew it was going to be more work. You know, all of a sudden we had to start doing reports and dealing with the SEC and all of that. So, you know, it wasn't like you fury him. You know, I'm I'm made it and I'm done. Oh, this is very nice. And we didn't have the executives didn't have stock ahead of time. We got stock as part of the offering. So we didn't have the same success feeling that Bob Johnson did because the on the company he and TCI John Malone and H B O had a small piece of the company also so so I'm sure they felt it a lot more than we are remember having to get back to work that day. Okay. And we had some hiccups along the way learning to be a publicly traded company. But it was it was so exciting. And I just remember more than anything else the excitement of the people at the new York Stock Exchange. There was one guy. I can't remember his name. But he was the only African American male with a seat on the New York stock. I think his name was Harold duly. Just came back to me, and he called me like the week before. And he said, I would be so proud to stand with you all on the day, you go public. And I mean things like that, you know, had never thought about, but he was the only black man the only black person who had a seat on the new York Stock Exchange, and he wanted to be there with us that day. So it was it was an exciting time. And that is really exciting. You talked about the fact that you end up in the COO role because someone else was looking out for you. Fob was saying good job. Right. After you were there was there a hunger to continue climbing to get to that CEO role. At what point was it sort of in your consciousness of I liked to be the CEO of this company. It was almost immediate because he had never had a COO before. So the day. It was announced that I had that position. Everyone started treating me like they heir apparent. They really did. And I didn't realize it was going to be that way. But everyone said oh Bob's preparing to leave at some point. And that's both good and bad. Yeah. In anything, exactly. Was. It was good and bad. You know was good because I could start the training process to become CEO. Now, I think a long did he stay after that a while and Viacom eventually acquired BT. So that was another. Transformational corporate event. But during that time, I had there were other parts of the business. I had to learn I mean because I was general counsel. I knew the legal side. I knew a lot of the business side, but I didn't know anything about advertising programming or, you know, knew a lot about affiliate sales because those are huge contracts force. But there are other parts of the business. I had to learn and so he gave me several years to be able to do that. And people started calling me, you know, our partners people were doing business with if they couldn't get a hold of Bob. So it was a good. It was a good training period before Bob Johnson left. And so, you know. I'd have to say I did have my eye on because everyone treated me like that. And in terms of what you needed to learn along the way. What's the most complicated thing that you have to learn on your path to CEO? Wow. That's an interesting question. I think. There's a there's a bit of a learning curve, depending on how much of the company you've seen before then. But I think the real thing you have to learn is how to manage people. And that's not something they teach you in any business school, and maybe a little bit in business Qiuping. Yeah. It takes experience and learning how to motivate executives and how to put together a team and how to make sure the team is invested in your success..
"york stock exchange" Discussed on CNBC's Fast Money
"Explain plus hints busiest week of earning season and guy Dominy his stepping up to the plate to pitch one under the radar name he thinks is going to hit another. The party is much more fast money right after this quick break. Welcome to pass money. It's been a rough ride for the transport group down nearly ten percent and just the past month and coming off its longest weekly, losing streak since the financial crisis for more on what's behind the big sell. Let's get your own Bob Bassani at the new York Stock Exchange Bob. Thanks Lissette transforms outperformed several months in the year. Tell about a month ago when they began to underperform, here's what's important. Take a look here down almost ten percent in the last month compared to five percent drop in the s. and p. five hundred. But this big differences among the sub-sectors first off railroads have been great performers this year with CSX Norfolk Southern and Union Pacific all up double digits, going into the monk, but now they're selling off their down double digits and just the last month and the truckers have generally underperformed, but of slipped further in the last month with big names like Schneider night's swift and writer in Werner. They're down double digits as all the packages, like FedEx. So what exactly is going on here? Well, higher fuel costs are affecting the airlines. That's one factor, but outside that the fundamentals for the transports have been really strong robust economic growth is the key here. There's also been very tight conditions in trucking supply. And it's been tight labor market conditions. So supply doesn't seem to be a big issue. The concern seems to be that demand might might be slowing down. That's what Morgan Stanley's thinks today they downgraded the freight transportation stocks like Union Pacific Genesee, and Wyoming, and Old Dominion freight based on concerns over slowing demand, they emphasize bay don't see recession, but some of their proprietary data points do indicate a modest lowdown in demand. Well, maybe but the broad Konomi really remains very strong. Remember no matter who wins the election. There is going to be attempts to pass an infrastructure Bill, and that will certainly help transportation stocks for the moment. Let's call this a flutter that has not morphed into a full blown panic at least not yet back to you. Melissa, thanks John at the new York Stock Exchange airlines carrying out a little bit of lift-off earnings. Intended? Oh, yeah. They did actually their lines. I think American has reported they'll report. I think sometime later next week. But yeah, good numbers, delta, United and oils come in a little bit jet fuel, obviously, such a huge part of their business. So and the business traveler is there and spending money at some point what you mentioned oil that's going to hurt. Right. I mean, it's already hurting now. These guys all have pretty active hedging programs. I would say again, a name like FedEx is more interesting to me down thirteen percent of the year had results stock initially pop gave it all back and as much lower. Now, that's one of the largest components within the transportation industry. Those are more troubling to me. Those are the things where they warning bells are kinda screaming and silence on a lot of different names. And one of the reasons why maybe got a little animated before we have strategist after strategies comes on and everything's rosy and everyone's going to get to their thirty two hundred dollars. That's the price targets sooner than later. But there's a lot of stuff going on all the components that make it up other than a handful of stocks that are really troubling, silently, screaming, warning bells. Hal away. What we need at this point, the show is somebody that could sort of look at charts and break down charges. Discard a worth. Would be nice if he could show we. We should bring in Carter worth the trouble and transports may Markham over and it could spell more trouble for the markets. Look call Cousy or. Cornerstone, macro Carter. Thank you for that. Yes, poof, here I am..
"york stock exchange" Discussed on This Is Success
"And that's been our first effort to make sure that we're serving the market appropriately with our technology. The decision for NASDAQ to become a market itself. Our view is being the first mover is not necessarily the role that we wanna play. So we've made a conscious decision not to be a first mover in that market. We haven't evaluating the potential to launch a future, but we really want to make sure that if we do it that we, it's based on exchanges where the price formation of those exchanges can be relied upon and, and therefore they're well surveilled and they've got reliable technology. So those are the some of the things that we've considered as as we start to consider whether or not to launch a future, an index with the future. The second is looking more holistically at becoming an exchange itself. And I would say that the markets today are there in a very early stage. I think that there it's not a regulated environment. And so today, NASDAQ believes that are better served by being a technology provider to the exchanges invite trying to launch one ourselves. So former new York Stock Exchange president, Tom Farley who served from two thousand thirteen to this past may. He was recently saying that NASDAQ which has built a reputation as an exchange for tech companies. You have apple Facebook, Google. He was arguing that, oh NASDAQ, they've outlived that that's not true anymore, and it would drive them crazy to hear that. How do you reply to him? Well, first of all, I actually agree that we are much more diversified market than just technology markets. So I was actually pleased to see him say that we're a much more evolved market than tech today. We are diversified exchange last year Pepsi switched from the new York Stock Exchange, two NASDAQ after one hundred years of listing on the air. Doc exchange, and they did that because we're not just technology exchange. We actually are exchanged where innovators of all types come and they want to be part of an ecosystem that supports that innovation and that ability to continue to drive to the future. But our heritage in tech is something that we will always be thrilled to have. So on that note Hughes saying that when he was running the new York Stock Exchange, that he saw its relationship with NASDAQ like the Hatfield mccoys like there was like some blood feud that he was cognizant of every day like yet respect, but there was a bitter rivalry that he had to go out and an attack. How do you see it? I mean, certainly, it's it's a very competitive situation, and every company has the option to choose one one exchange or another, and it is every we we do compete for every IPO, but we tend to really focus on all of the things that we need to do to make it a great experience for Elissa companies. And at the end of the day, that's what's going to make us win. Not so much, you know, looking at. The at the person next door. So on a on a separate note, kind of related in terms of competition, your black belt and taekwondo. How did you get into that? Well, I got into it because my kids were into it, and then my husband started doing it and I sat there. It was watching the classes thinking, why am I sitting here watching one? And I go do it too, and and so we we all started doing taekwondo and I really like it because it teaches self reliance. It's not a lot looking at your neighbor and deciding whether you're better than them. It's all about looking at yourself and being the best that you can be. And to me, that is, I just think those are life lessons that I'm really happy that my kids have heard that and gotten that instilled in them. But I would also argue that it's very relevant business too. So you're focusing on yourself and being your best self. And usually that means that you're serving your customer..
"york stock exchange" Discussed on CNBC's Fast Money
"Day first with such limited initial participation what kind of volume will we be seeing second and more importantly what's the bid asks spread and what is the depth of the book that market makers have created if you can trade in ten dollar intervals for example which you can't how many bids and offers will there be a different price levels will this make bitcoin more respectable you know it's not really clear but it will certainly help make parts of the big corn market more transparent and it will go a long way toward extending some regulation to parts of that market back to you melissa pound thank you bob pisani with the latest from the new york stock exchange so what what do you think will happen i mean by mexican point in terms of bid asked spreads in how many participants will be on each side of the trade we don't know that yet no and i've talked to pry kelly about an nobody's and no better than he would and he thinks it's going to be a big we called it a thing hamburger i think it to an unknown in hamburger about nothing if it is a nothing hamburg roads what burger to set at about a year but it at any rate rozier we talked about yes we talked about last night interactive brokers scorn from 45 the six that we play the game you said i said absolutely is despite what mr perry said and listen this daca thirty eight times for ordering stayed with better trade against zillion bitcoin contracts otherwise you're going to be in trouble goes right back i am sitting at home and sunday night at six pm i'm going to be in front of my computer and i'm going to want to trade bitcoin futures what what are some of the caveats get first of all i think the american public sitting at home trading futures in general the risks involved in that are so much greater than people understand i think the general investor really doesn't understand so again i think brian is right when he says it's going to be a nothing burger piece i don't think people are going to step into this risk trade as quickly as pete right gipper mashreq they do a fragile.