Rattle and Ho-Hum
Please, don't get me wrong. Hurricanes are probably the most dangerous weather situation on the books. But adding an unnecessary level of hysteria to the mix is throwing gasoline on to an already raging fire. The best thing to do in situations like this is to keep a level head. The best way to do that is be prepared, have a plan and keep the lines of communications open.
Listening to the disaster experts, everyone should have at supply of water and non-perishable food to last at least three days as well as a stock of any necessary medications. Do not play to the New Yorker stereotype and think you will be able to order take out during the storm. Also make sure that you also have enough batteries on hand for flashlights and lanterns. Candles are romantic, but they're also a fire hazard. Do not make the local fire company come out in this weather, they already have plenty to do.
As for a plan, does your family have an evacuation plan? If you had to leave for higher ground, do you already have a place selected and do you know what to pack? If your family is separated during Irene, do you have a remote relative or friend, who will act as a relay for messages and information? Please take half an hour with your family and sort these things out.
Over the past couple of years, I have seen various emergency alert systems mature dramatically. Many municipalities have set up email and text-based alerts that can be sent straight to your mobile phone. I've been a subscriber to the New York City Office of Emergency Management's Notify NYC service since its inception and I recently signed up for my hometown alerts via Nixle. Also don't forget to keep tabs on your local mass transit providers like the MTA or New Jersey Transit.
Most importantly, don't forget to have a battery-powered weather or transistor radio on hand, just in case the cell towers and phone lines go down.
Good luck and I look forward to swaping Irene stories with you on Monday.
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe
You are currently unable to print this content. Please contact info@waterstechnology.com to find out more.
You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@waterstechnology.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@waterstechnology.com
More on Trading Tech
Observations and lessons to learn from the move to T+1
The next few years will see other jurisdictions around the world look to North America for guidance on transitioning to shorter settlement cycles.
As US options market continued its inexorable climb, ‘plumbing’ issues persisted
Capacity concerns have lingered in the options market, but progress was made in 2024.
Doubts raised over new FX platform disclosures
New disclosure sheet template will require platforms to outline how they charge for data
Expanded oversight for tech or a rollback? 2025 set to be big for regulators
From GenAI oversight to DORA and the CAT to off-channel communication, the last 12 months set the stage for larger regulatory conversations in 2025.
DORA flood pitches banks against vendors
Firms ask vendors for late addendums sometimes unrelated to resiliency, requiring renegotiation
IPC’s C-suite shuffle signals bigger changes for trader voice tech
Waters Wrap: After a series of personnel changes at the legacy provider, WatersTechnology examines what these moves might mean for the future of turrets and trader voice.
WatersTechnology latest edition
Check out our latest edition, plus more than 12 years of our best content.
From no chance to no brainer: Inside outsourced trading’s buy-side charm offensive
Previously regarded with hesitancy and suspicion by the buy side, four asset managers explain their reasons for embracing outsourced trading.