The Pacific Stock Exchange unveiled its new floor.
Trading at the new facility in the Beaudry Center II building in Los Angeles began with Mayor Tom Bradley ringing the 6:30 a.m. opening bell. The day closed with a volume of 5.34 million shares, which is close to the exchange’s 1985 daily average of about 5.7 million shares. The exchange hopes that the new location will lead to higher trading volume than was handled at the exchange’s old location at 618 S. Spring St.
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