In a rare honor, WattzOn's CEO Martha Amram was given the opportunity to ring the closing bell at the NASDAQ Stock Exchange last Friday, November 20, 2015 at the Times Square office of NASDAQ.
Martha represented her alma mater, MIT Sloan School of Management. Martha is a member of the MIT Sloan North American Advisory Board, and earned a Ph.D. from MIT in Applied Economics.
It was an exciting event with photos of the closing bell ceremonies displayed real-time on four-story electronic billboards across Time Square.
More photos here.
Martha also made a few remarks before the close of trading:
I am honored to take this rare opportunity to speak on behalf of my alma mater, the MIT Sloan School of Management, a community with a long history of ideas and innovation.
And I’m delighted to be speaking here at the Nasdaq, where innovative companies gain access to the financial capital they need to grow.
I can’t help but notice that it was MIT Sloan professors Black, Scholes and Merton that laid the foundation for modern option pricing, and that the Nasdaq runs a thriving options market. Millions of trades each day are priced based on the Black-Scholes-Merton work. How’s that for impact?
And the thread continues, with Prof Andrew Lo using that same modern pricing approach to create a new method to fund cancer research through innovative security design and risk management structures.
It is no surprise that my experience and those of students at MIT Sloan today are the same: Surrounded by smart people there is an open and engaged exchange of ideas. Grounded in the data, the ideas grow and are fueled by a passion for the work. Theory is made practical. And exciting.
I have a strong memory of my first week of grad school, when Prof. Berndt pulled me aside to talk about a new project. His eyes light up as he spoke. And with that enthusiasm for the work, I was on a project advising the president of Mexico for the next year and a half.
MIT Sloan is an open-door inventive place, and a stage for large ideas that not only change the world, but improve the world. I think of the Billion Prices Project – a new way to measure inflation around the world, using data from the web.
MIT Sloan. It is always the place where ideas are made to matter. We are MIT’s School of Management.
And now let me turn to my fellow alumni:
At MIT Sloan there is always someone, a student or professor, who is taking ideas to the next step, there is always a role model for making ideas happen.
Only a very few get to ring the closing bell at stock exchange of global importance, and only a very few get to attend MIT Sloan, a school that rightfully has global aspirations: to invent the future and improve the world.
So on this special occasion, I speak to:
To my fellow alumni – Think of the education that gave you the deep knowledge and practical tools that you use everyday to make change.
And to those who are listening here at the Nasdaq and via media – MIT Sloan’s students and faculty engage technologies, cities, countries, companies and markets, taking ideas and making them matter.
My ask: During this season of thanks, that you take a moment to support our school. We are all part of the MIT Sloan community, making the future, and making it better.