NYSE to reopen trading floor after Memorial Day with changes
NYSE President Stacey Cunningham announced the decision on Thursday
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The New York Stock Exchange, owned by Intercontinental Exchange, will reopen its trading floor on May 26, the day after Memorial Day, with limitations.
|ICE||INTERCONTINENTAL EXCHANGE INC.||97.49||+0.96||+0.99%|
President Stacey Cunningham disclosed the date in a Wall Street Journal Opinion piece.
"I hear every day from companies eager to return," she wrote. "We'll do so this month, slowly and carefully."
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The floor, located in downtown Manhattan, will reopen to " a subset" of floor brokers, eager to return to work she wrote.
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The Big Board closed its floor on March 23 after several employees tested positive for the coronavirus moving all trading to an electronic platform.
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"Two months later, we've learned a lot and are in a position to reopen the floor with vital new safety measures, as we begin working together to restart the U.S. economy," she added in the piece.
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The New York exchange was the last of the majors to close floor operations because of the pandemic. The CME closed first. Then, the CBOE closed.
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|CBOE||CBOE GLOBAL MARKETS INC.||129.32||+2.14||+1.68%|