Facebook To Begin IPO At 11 AM EST

The social media giant Facebook is set to begin trading on NASDAQ at 11 a.m. EST, as Wall Street prepares for heavy trading volume, according to the WSJ:

Traders expect the company’s IPO to rev trading volumes for some time, which would be much welcomed by many in the market after anemic levels of shares changing hands so far this year.

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Igor Bobic is the assistant editor of Talking Points Memo, helping oversee the site's coverage of politics and policy in Washington. While originally from Bosnia and Herzegovina, Igor feels best at home on the beaches of Southern California. He can be reached at igor@talkingpointsmemo.com.
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