NYSE to Hold Mock Opening for Twitter IPO

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0  Updated at 8:30 pm, October 18th, 2013 By: EastIdahoNews.com
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GERARD JULIEN/AFP/Getty Images(NEW YORK) — Trading firms will have a chance to test their systems ahead of the Twitter IPO, the Wall Street Journal reports. The New York Stock Exchange will hold a mock opening auction of the company’s stock on Saturday, Oct. 26.

According to the Journal, NYSE informed traders of the dry run in a notice Friday. Many firms are hoping to avoid technical problems like the ones that compromised Facebook’s market debut on the Nasdaq last year.

In a regulatory filing earlier this week, the micro-blogging company revealed its shares will appear on the NYSE with the ticker symbol TWTR.

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