Montgomery College is making some noise on the financial market — on Wednesday afternoon a college official and students will get the fun of ringing Nasdaq's closing bell.
David Sears, vice president for advancement and executive director of the Montgomery College Foundation, will be joined by some of the foundation's scholarship students to do the honors at 4 p.m. at the Nasdaq MarketSite in New York City's Times Square.
The Nasdaq OMX Educational Foundation started an endowed scholarship fund with the Montgomery College Foundation in 2008. Dedicated to the memory of Gordon Macklin, founder of the Nasdaq Stock Market, the fund helps Montgomery College students in the Gordon and Marilyn Macklin Business Institute honors program with the costs of tuition and related expenses.
You can catch the action on CNBC's show, Closing Bell, which airs from 3-5 p.m.
With the worldwide digital nature of trading, Nasdaq and the New York Stock Exchange's opening and closing bell ceremonies are more a form of promotion today than anything else. In fact, according to investopedia.com, until 1995 the bell ringing at the NYSE was usually the responsibility of the floor managers.
Notables to ring the Nasdaq closing bell include performers from American Idols Live Tour 2007, Paul Simon, Kevin Bacon and Jon Bon Jovi.