The sound of the NYSE opening

The Bell - the bell is one of the most recognizable features NYSE. Opening Bell sounds every day at the opening of the stock exchange, and at closing - Closing Bell.
Calls were entered in 1870 year together with the launch of continuous trading. Originally a Chinese gong was used, however in 1903 a year after the exchange moved to a new building, a copper bell was used. There is one large bell for each of the four shopping areas. Bells sound synchronously and are controlled under one control.
Company G. S. Edwards made bells for the stock exchange 18 inches. In the late 80s, the NYSE decided to restore the existing bells and make another spare.. However, it turned out, that similar bells nor G. S. Edwards, no other companies produce. As a result, the G. S. Edwards decided to meet the exchange and fulfill the order, for which she attracted to its implementation, including some of the employees who left the company.

After some time, another bell was discovered on the technical floor., older and bigger than the rest (24 inch diameter). This bell has also been restored and tuned. It is now located on a platform above the trading floor and is ready for action., however it is not used, as it is too loud even for an exchange building.
The exchange call is part of the legacy of the exchange, and being invited to submit the Opening Bell or Closing Bell is a great honor.

 

  Interactive Brokers through the eyes of a financier
Scroll to Top