Nasdaq CEO Says It Is Critically Important That Markets Stay Open

The video discusses the historical context of market closures during crises, such as the 9/11 attacks, and the advancements in market infrastructure that have since enabled remote and electronic operations. It argues for keeping markets open during crises to maintain economic stability, facilitate capital raising, and uphold investor confidence. The discussion also touches on the importance of open access to markets and capital, transparency, and the ability for investors to manage their wealth, emphasizing the resilience of the economy in managing markets during challenging times.

What was a significant reason for the market closure during the 9/11 attacks?

• Technical failures in NASDAQ

• Operational challenges due to the disaster in New York

• Lack of electronic trading systems

• Global financial crisis

Why is it considered crucial to keep markets open during a crisis?

• To avoid any form of economic activity

• To allow only healthcare companies to raise funds

• To ensure continuous access to capital

• To prevent any form of trading

What could be a consequence of closing the markets during a crisis?

• Immediate resolution of economic issues

• Creation of pent-up issues

• Increased investor confidence

• Stabilization of market prices

How do open markets contribute to economic stability?

• By restricting investor access

• By ensuring price transparency and liquidity

• By limiting capital flow

• By closing during uncertain times

What is a key benefit of allowing investors to express their sentiment in open markets?

• It leads to market closures

• It restricts capital availability

• It helps manage wealth effectively

• It decreases market transparency