You are here

NYSE will temporarily close its trading floor and move to electronic trading only

The New York Stock Exchange will close its trading floor on Monday, March 23 and fully move to electronic trading, the exchange’s operator Intercontinental Exchange announced today. The actual physical locations that will close are the NYSE equities trading floor in New York, the NYSE American Options trading floor in New York and the NYSE Arca Options trading floor in San Francisco.

The organization says it took this step as a precautionary step to protect the health of traders and employees on the floor. So far, two people who worked on the floor have tested positive for COVID-19, though they hadn’t been in the building this week, Stacey Cunningham, president of the New York Stock Exchange, said on CNBC today.

Read Complete Article