Wall St works its way through dark

There appears to be a tradition at Wall Street that the show must go on. That spirit has been evident in New York City in the wake of Hurricane Sandy that left a trail of destruction and disrupted much of business activity.

Wall Street workers and financial institutions continue to work from makeshift shops at contingency sites to conduct their daily businesses, reports FT.com

Read: Sandy to cost insurers $50 billion

Despite the two-day closure of the New York stock exchange, traders at big and small firms fought power outages and logistical challenges to serve their clients.

It was a display of resilience not seen since the post-9/11 recovery period when many wire houses operated out of hotel rooms while the NYSE remained shut for a week.

Read:

Companies postpone earnings due to Sandy

Sandy’s a “once-in-a-century storm”: NYSE

How to protect your business during disasters

Staff

The staff of Advisor.ca have been covering news for financial advisors since 1998.