Tuesday March 18, 2008

Historic Moment

The University of Dayton is taking out a full-page ad in The Wall Street Journal to tout that Nasdaq is moving its closing bell ceremony from the heart of Times Square to campus March 27.

For the first time in NASDAQ's history, it will hold a remote closing bell ceremony on a university campus. It will take place at 4 p.m. on Thursday, March 27, in the University of Dayton Arena as part of RISE VIII, the world's largest student investment forum.

The University of Dayton is drawing national attention to the historic moment through full-page ads in the New York City and Chicago editions of The Wall Street Journal on March 19 and March 26.

Approximately 250 college students — tomorrow's money managers — from around the world will participate in the live telecast. The closing bell ceremony, which begins at 3:45 p.m., also will feature Christopher Gardner, a once-homeless investment guru whose autobiography was the inspiration for the movie The Pursuit of Happyness; Georg Kell, executive head of the United Nations Global Compact; Bob Froehlich, chairman, investor strategy committee, Deutsche Asset Management; Daniel J. Curran, president of the University of Dayton; and David Sauer, associate professor of finance and executive director of the RISE Forum (Redefining Investment Strategy Education).

NASDAQ opening and closing bell ceremonies occur daily from the stock market's studio in Times Square but can be conducted remotely, symbolizing NASDAQ'S electronic market.

Remote ceremonies have occurred in London at NASDAQ'S Annual Investor Program; the World Economic Forum in Davos, Switzerland; Churchill Downs in Louisville, Ky.; Mysore, India; Beijing, China; and the World Headquarters of Cisco Systems in San Jose, Calif.

Since RISE began seven years ago, it has become the world's largest student investment forum attracting students, faculty and professionals from around the country to interact with some of the most influential and respected financial leaders in the world. The event is modeled after the World Economic Forum held annually in Switzerland and gives students a chance to ask questions of some of the top professionals in the world.

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