Nasdaq Business Unaffected by Liberty Plaza Instability

September 13, 2001 ( - A potential collapse of One Liberty Plaza, the Nasdaq Stock Market's New York headquarters reported to be in danger of toppling, would have no impact on the market's reopening, the exchange announced in a statement.

“With primary and back-up data centers located outside of New York City, the ability to operate the Nasdaq market would be unaffected by the loss of the building,” the statement went on to say.

One Libery Plaza housed approximately 127 employees, about 10% of the group’s total workforce, primarily headquarters staff.  Occupying three floors of the building, employees were safely evaluated on Tuesday morning.

Nasdaq has identified space to relocate displaced employees at various other existing Nasdaq facilities if necessary.