Kenneth Polcari knows, and planned accordingly.

“The exchange is open because the exchange is always open,” said Mr. Polcari, who brokers trades on the floor for ICAP. “The exchange doesn’t close just because it’s snowing outside.” Mr. Polcari, who lives in Mount Kisco, N.Y., would normally rise at 4:30 a.m. and catch the 5:15 Metro-North Railroad train to Grand Central Terminal to arrive downtown by about 6 a.m. But as the snow began to pile up, he got on a 6:40 p.m. train Sunday. After grabbing a slice of pizza at Grand Central, he rode the subway to Wall Street and checked into the Club Quarters hotel near the exchange. All the other rooms were taken, he said, filled with financial-services workers who had to be at their posts or desks on Monday.

“People around the world trade on the New York Stock Exchange,” Mr. Polcai said. “They don’t know and they don’t care that it is snowing outside.”

LiveBlogging The Storm’s Aftermath [NYT]

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Comments (8)

  1. Posted by Rise of the Machines | December 27, 2010 at 7:46 PM

    Server colocation means that people around the world don’t know and don’t care that there are actually people inside the exchange.

  2. Posted by TheUniverse | December 27, 2010 at 7:57 PM

    lol, touché.

  3. Posted by Anon | December 27, 2010 at 7:57 PM

    shut your mouth when you’re talking to me!

    -art cashin

  4. Posted by joey bag o'donutz | December 27, 2010 at 8:32 PM

    declining market share and increasing irrelevance is NKI

  5. Posted by Anonymous | December 27, 2010 at 10:01 PM

    Anyone else have a mental image of this guy talking loudly either to the conductor or on his cellphone while on the train yesterday so that the rest of the people on the car know how “important” it is that he be in the city today?

  6. Posted by Anal_yst | December 28, 2010 at 9:17 AM

    Your comment(s) re: train commutes were spectacular, but it seems you’re still in that mode. That being said, I do not disagree with your assessment. Would you go so far as to suppose pinstripe suit? Black rubber shoe-covers, etc?

  7. Posted by Asdrsa5 | December 30, 2010 at 2:49 PM

    jerseymall.org

  8. Posted by bookmarking submission | September 10, 2012 at 11:52 PM

    14DalW Hey, thanks for the blog.Much thanks again. Keep writing.