most of the dow components have down arrows and focus duncan neiderauer, the ceo of the stock exchange, i asked him if they could open monday or tuesday and fear is what he had to say. >> we certainly could have operated electronically. what the industry told us sunday was please don't open electronically because we have to put a lot of our people in harm's way so let's not do that. i wish the industry and we came to decision sunday, we all made the right decision. it would have been irresponsible and dangerous to be open monday and tuesday. nicole: we will follow opening the reopening of the stock exchange. that headline on night capital as well. i wanted to clarify as we get headlines that night capital was telling customers to route orders away the designated marketmakers on the floor of the stock exchange seem to be operating very well. we have seen headlines that the jersey city office has generator issues, sales and trading and marketing businesses have been affected on the floor of the stock exchange, they're doing what they do on a normal basis. this is what we are finding..o o

when i talked with duncan neiderauer and he talked about electronic opening the truth is these big companies, goldman sachs and j. p. morgan would have to bring in someone somewhere even if we were trading electronically and just for keeping people lot of harm's way is what he meant when he talked about it being irresponsible to open any earlier than today. the pricing and trading done well but you need some human electronic trading which is why they made this monumental decision. dagen: thank you. connell: continuing coverage of the recovery from hurricane sandy. the markets are open for business. dagen: neil cavuto is always on the job. never leave the place. we are here and 2:00 and didn't go anywhere. he is standing by to talk about the recovery and the election. >> 20 minutes past the hour your fox news minute. the death toll have sandy has climbed to 65. to the east coast folks of trying to get into a daily routine but nothing near normal. coastal homes and beach boardwalk are in splinters and hundreds of thousands in new york city area are without power. president obama is traveling t

because of concerns by the brokerage community about trading, particularly trading through this -- duncan neiderauer on the air later, told me yesterday he was prepared to open monday and the system was in place, this is the problem duncan is going to have. why didn't you open, we are here at work. lower manhattan got crushed. i sought east river in the backyard, that said, after 9/11, 11 years, the stock exchange, the most prominent stock market in the country as a backup plan. they operate out of chicago and the data center in new jersey, you would think the wall street firms who have dealt with this situation broadly particularly in 9/11, and wall street journal going to merrill lynch when there is merrill lynch in new jersey, when this stuff is happening, this storm was not a surprise. i -- [talking over each other] melissa: they support the decision to open trading tomorrow. charlie: we really -- mary schapiro -- [talking over each other] charlie: thank you for enlightening us. this is a joke. [talking over each other] >> compelled thousands of people to come to the trading desk. [talking over