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Nasdaq opening bell rung at Frost Museum of Science

Rare remote opening of stock market held at Miami museum

MIAMI – The Nasdaq opening bell was rung Monday morning at the new Phillip and Patricia Frost Museum of Science in Miami.

Devil rays, hammerhead sharks and tuna were swimming overhead as the bell was rung.

The ceremony kicked off with a countdown.

Dr. Phillip Frost and his wife, Patricia Frost, the philanthropists for whom the museum is named, along with the president of the science museum, Frank Steslow, rang the bell at 9:30 a.m. to start the day's trading session.

"Very exciting morning. I think it was a wonderful milestone for the museum and city of Miami, and for South Florida," Dr. Phillip Frost said. 

The ceremony celebrated the opening of the Frost Museum of Science, which opened to the public on May 8.

The museum was scheduled to open a year ago, but was delayed because of money problems.

"The people of Miami-Dade County and the people in the whole country were very patient waiting for us to open and now we have this spectacular product for everybody to experience," Steslow said.

The museum, which was able to get more private funding, is open and operating as a planetarium, aquarium and science museum on one campus.

Frost Museum of Science officials said the museum was able to open in large part because Dr. Frost stepped up his donations.

Nasdaq executives chose the billionaire dermatologist for the honor of ringing the bell as a way to say "thank you" to him for his contributions.

"Dr. Phil Frost is an amazing person," Nasdaq Senior Vice President Bob McCooey said. "He has not only given so much back to South Florida, but we also wanted to highlight this great museum and what he's done."

Nasdaq opens its market remotely only a few times a year. 

In the past, the opening bell has been rung as far away as China, India and the United Kingdom.