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As the weather reports grew more dire on Sunday night, the Securities Industry and Financial Markets Association, which represents securities louis vuitton bags firms, banks and asset managers, added to canada goose praka the disagreement, voicing significant concerns about proceeding with trading.

Throughout the weekend, officials from the louis vuitton outlet U.S. Securities and Exchange Commission were also on calls with the exchange operators and other market participants. SEC Chairman Mary Schapiro participated in at least one call with Nasdaq Chief Executive Robert Greifeld. She was also in email contact with NYSE CEO canada goose jacketDuncan Niederauer.

The substance of their conversation could not be learned. But sources familiar with the situation said the SEC did not make the decision to shutter the markets and gucci bags the view presented on the various calls was uniform about the need to close.

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By the time Sandler and other NYSE officials got on the 6:30 p.m. call, not only was the New York's transport system about to grind to a halt but canada goose outlet a large area of lower Manhattan, edging right up to the boundary of the New York Stock Exchange at 11 Wall Street, faced a mandatory evacuation ordered by Mayor Michael Bloomberg. For the trading firms it was time to speak up.