US Exchanges Close as Hurricane Sandy Batters Eastern Seaboard

Storm warning

All US equities and options exchanges have closed all trading -- including remote electronic trading operations -- Monday, Oct. 29, in response to bad weather and flooding expected to result from Hurricane Sandy, a category-one hurricane that is expected to make landfall in New Jersey later today and cause destruction from the Carolinas as far north as New England.

Much of lower Manhattan and surrounding areas was evacuated over the weekend, with City workers sealing subway gratings to minimize

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‘Feature, not a bug’: Bloomberg makes the case for Figi

Bloomberg created the Figi identifier, but ceded all its rights to the Object Management Group 10 years ago. Here, Bloomberg’s Richard Robinson and Steve Meizanis write to dispel what they believe to be misconceptions about Figi and the FDTA.

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