NYSE on Alibaba IPO: 'We're ready to go'
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The NYSE’s top executive would not specify what time the first Alibaba trade would occur, nor would he specify what the opening price would be. Instead, he stressed that the timing of the first trade is less imp0rtant than making sure the shares are priced correctly and that the shares trade “fairly” and “smoothly” once trading begins.
“It could be two hours, it could be three hours,” before trading begins. The NYSE opens for trading at 9:30 a.m. ET.
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Source: https://www.blogger.com/blogger.g?blogID=5171595010066543127#editor/target=post;postID=8724144614858861695
The NYSE’s top executive would not specify what time the first Alibaba trade would occur, nor would he specify what the opening price would be. Instead, he stressed that the timing of the first trade is less imp0rtant than making sure the shares are priced correctly and that the shares trade “fairly” and “smoothly” once trading begins.
“It could be two hours, it could be three hours,” before trading begins. The NYSE opens for trading at 9:30 a.m. ET.
...
Source: https://www.blogger.com/blogger.g?blogID=5171595010066543127#editor/target=post;postID=8724144614858861695
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