With all eyes on the Big Dance, Wall Street trades slow during March Madness

Interesting slide shows about the world Slideshow World by [ArcaMax](?ezine=782&lctg=D0FtUlX0YdOUrV9rVUEubuoU613BSpv3i_Gtw9CQCJY&r=P6TOLRF0sxETzafdGPFpBkzXp8IbWm8t6u6kVQy6_ONDOjMyNzAwODM2NDpKOjIxODkyMzI6TDo3ODI6Ujo5NTA4ODk6Vjo0Ng) [With all eyes on the Big Dance, Wall Street trades slow during March Madness]( Elena Cox, Jared Beilby [ With all eyes on the Big Dance, Wall Street trades slow during March Madness ]( [See full slideshow »]( There's a reason it's called March Madness. Much like the Olympics or World Cup, the NCAA Division I men's basketball tournament is a major sporting event that draws significant viewership, even for games played during normal working hours. That makes it difficult for even the most dedicated employees to keep their focus on work. Last year, college basketball's Big Dance averaged 10.7 million total television viewers for its live game telecasts, with the Kansas Jayhawks' 72-69 championship game victory over the North Carolina Tar Heels pulling an average of over 18 million viewers on TBS, TNT, and truTV. Even nonsports fans get in on the action with office brackets, which arguably take little to no skill to fill out, let alone win, but allow people to have some skin in the game. "It's hard to find somebody who doesn't know a friend who's filling out a bracket," Rodney Paul, a sports analytics professor at Syracuse University, told Stacker. "It's pretty easy to be able to get involved, especially with something that there's no stakes or low stakes." To quantify March Madness' effect on productivity, Stacker looked to the stock market, collecting trading volume data from theChicago Board Options Exchange between 2009 and 2022. We found more often than not, trade volume dipped at the start of the tournament. Trade volume was measured as the sum of shares exchanged during trading hours on all U.S. equities exchanges and trade-reporting facilities during trading hours. Our full findings lay ahead. Visit thestacker.com for similar lists and stories. [Tweet It]( - [Facebook It]( Sponsor [ Job-hunting? Let ArcaMax help! ] Job-hunting? Let ArcaMax help! ArcaMax's Job Updates newsletter provides job listings specific to the category and location that interests you. NEW: We've added new bonus listings from around the web from another partner to make sure you know where the best openings are! [Click here to start getting daily job listings]( Note: If you area already subscribed to Job Updates, use the link to receive the new bonus job listings as well. -- From the ArcaMax editors More Slideshow World from ArcaMax.com - [9 techniques employers use to retain top talent]( - [The US surpasses 100 mass shootings in 2023--here's every event mapped]( - [How summer programs targeted learning loss in grades K-12]( [Click To Unsubscribe]( | [Customer Service]( | [Privacy Policy]( | [California / Nevada Privacy Info]( 1706 Todds Lane, Box 311, Hampton, VA 23666 Copyright © 2023 ArcaMax Publishing [Facebook]( [Twitter](/ArcaMax)