On Sept. 11, 2001, when the World Trade Center was destroyed in a terrorist attack, the New York Stock Exchange closed. The enormous trading platform stayed dark for four straight trading days, longer than at any time since the Great Depression.
The attack exposed a hidden risk — not from terrorists, but from beneath the exchange itself: telecommunications. Service had been lost, and fixing it would take collaboration.
Read more from the story of the NYSE battling to restore its telcom and start trading. The second of a three part series excerpted on Bloomberg this week….