TYB
NYSE to temporarily close trading floor, move to electronic trading because of coronavirus
The New York Stock Exchange said Wednesday it will temporarily close its trading floor and move fully to electronic trading due to the coronavirus pandemic.
All-electronic trading will begin on March 23, the exchange said. The facilities to be closed are the NYSE equities trading floor and NYSE American Options trading floor in New York, and NYSE Arca Options trading floor in San Francisco.
The closure was in part as a result of a positive coronavirus test of someone who works at the NYSE, CNBC’s Bob Pisani learned. The exchange this week had begun medical testing of entrants to the Big Board.
“While we are taking the precautionary step of closing the trading floors, we continue to firmly believe the markets should remain open and accessible to investors,” Stacey Cunningham, President of the New York Stock Exchange, said in a statement. “All NYSE markets will continue to operate under normal trading hours despite the closure of the trading floors.”
https://www.cnbc.com/2020/03/18/nyse-to-temporarily-close-trading-floor-move-to-electronic-trading-because-of-coronavirus.html?
Ahh this clowns on. Fug