Ray Pellecchia, a spokesman for the New York Stock Exchange,tells GlobeSt.com that the possible siting of a second tradingfloor has been "a topic of discussion since last September." Headds that the NYSE has not made a decision as yet on whether itwould built a second trading floor to its storied 38,000-sf tradingfloor at 11 Wall St.

One reason for building a second trading floor would be so thatthe NYSE's operations would not be concentrated in one locationrunning on one power grid.

Pellecchia notes that no decision has been made on the secondtrading floor idea or where the facility would be located if built."Westchester is among the possibilities if we do proceed with theidea of building a second active trading facility," Pellecchiasays. He would not reveal other locations under consideration. Headds that, at this time, the NYSE has no time line on when it willmake a decision on whether it will move forward with the idea ofbuilding a second trading floor.

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John Jordan

John Jordan is a veteran journalist with 36 years of print and digital media experience.