The New York Stock Exchange Will Partially Open Its Trading Floor On May 26
The New York Stock Exchange (NYSE) will open a trading floor for some traders on May 26, subject to new security rules, NYSE President Stacy Cunningham said in a column in the Wall Street Journal.
As reported, the NYSE has fully switched to electronic trading since March 23, closing the exchange room after the detection of COVID-19 coronavirus infection in some employees and traders.
"We chose to temporarily close the trading floor at the beginning of the pandemic to help slow the spread of infection. Two months later, we know a lot more and are ready to open the trading floor with the necessary precautions in place as we begin to move towards restarting the American economy," Cunningham said.
Employees who return to the exchange floor will be required to wear protective masks and keep a distance from each other. The NYSE also requires them to avoid using public transportation.
In addition, "brokers and other visitors will be measured the temperature at the entrance to the building," Cunningham said. She noted that NYSE management worked with government officials and health experts to create protocols for resuming operations.