New York Stock Exchange trading floor set to reopen today

27 Mai, 2020, 02:11 | Auteur: Auguste Feret
  • Open this

On the same day that the New York Stock Exchange partially reopened its historic trading floor, Cboe Global Markets Inc. announced plans to open the doors to its Chicago site on June 8.

Traders wait in a physically distanced line to enter the New York Stock Exchange on May 26, 2020.

But only a handful of brokers will be allowed on the floor - and they'll have to have their temperatures checked, wear face masks and follow social-distancing rules, NYSE president Stacey Cunningham has said.

The NYSE said most of its designated market makers, who oversee trading in the exchange's 2,200 listed companies, will continue to work from home, as will most exchange employees.

The floor, known worldwide for the anarchic atmosphere of traders shouting orders over one another, was shuttered mid-March due to the coronavirus outbreak.

"We will respect the sacrifices of frontline workers and the city at large by proceeding cautiously, limiting the strain on the health-care system and the risk to those who work beneath our roof", Cunningham wrote in a Wall Street Journal op-ed.

Traders Return to Wall Street, With a Catch

NYSE Chief Commercial Officer John Tuttle said: 'The floor represents so much more than the several tens-of-thousands of square feet it occupies. But in the years since, the rise of electronic trading grew to dominate the action on Wall Street.

The NYSE now says it has consulted with public health and elected officials to develop a protocol that will allow the floor to be open with precautionary measures.

The reopening comes at a time when many areas of the USA are starting to lift shelter-in-place orders and allowing businesses to open their doors again even as other areas of the country are seeing no drop-off in confirmed coronavirus cases.

Worldwide, the virus has infected almost 5.5 million people, killing over 346,000, according to a tally by Johns Hopkins University. Dow futures surged more than 600 points with less than a half hour before the opening bell.

The NYSE did not experience any major disruptions during its electronic-only trading stint, even with record volumes and volatility, prompting rivals to say the floor, where stocks have changed hands since 1792, has no real utility.

China reports 51 new coronavirus cases, mostly in Wuhan
The commission said in a statement all of the new infections were imported cases involving travellers from overseas. Of all the 341 local cases, 332 have been discharged upon recovery and two are hospitalized for treatment.

Indian Army soldiers briefly held up by China in Ladakh last week
It was reiterated again in the Mamallapuram informal summit that took previous year . The Chinese have in fact hindered Indian patrols, India has further said.

Fabregas reveals how Mourinho convinced him to sign for Chelsea
And despite his Arsenal links, Fabregas would choose Chelsea and Mourinho , who was back at Stamford Bridge for a second spell. Fabregas is now at Ligue 1 side Monaco in France where the season has been ended early due to the coronavirus pandemic.



Malka Leifer - Court decision
An Australian government official told Kan 11 News that "Australia welcomes the court's decision on Malka Leifer's case". Judge Chana Miriam Lomp accepted the team's opinion and Leifer's extradition proceedings to Australia will be resumed.

Tenet's John David Washington Admits the Movie's Plot Confused the Cast
Based on the footage we've seen so far, we can gather that John David Washington plays an agent tasked with stopping World War III.

Jimmy Fallon apologizes for wearing blackface in resurfaced SNL sketch
He continued, "I am very sorry for making this unquestionably offensive decision and thank all of you for holding me accountable". Fallon left SNL in 2004 and later took over as host of NBC's venerable Tonight Show , which he has hosted since 2014.

Certains athlètes étrangers pourront rentrer aux États-Unis
Les sportifs concernés sont ceux qui évoluent dans la Ligue nationale de hockey, la NBA, la WNBA et le baseball majeur. Les athlètes qui arriveront aux États-Unis devront néanmoins se soumettre à des tests de dépistage, si nécessaire.

'First wave' of COVID-19 not over, World Health Organization official says
Russia's coronavirus caseload surpassed 360,000 - the third highest in the world - with nearly 9,000 new infections registered. Most of India's cases are concentrated in the western states of Maharashtra, home to the financial hub of Mumbai, and Gujarat.

US nears 100,000 pandemic deaths: Does Trump feel your pain?
It has not been one of the worst affected states, but deaths have risen again in the past few days. The president ordered flags to remain at half-staff through Memorial Day.

Coronavirus Treatement: India Expands Use Of Trump's Hydroxychloroquine As WHO Halts Trials
Tedros told patients taking the medication for its well-established uses outside of COVID-19 that they shouldn't worry. President Trump is no longer taking hydroxychloroquine.

United Kingdom coronavirus death toll increases by 134, bringing the total to 37048
However, the proportion of deaths in care homes that involved coronavirus fell to 37 per cent, from 39 per cent the previous week. The latest reported deaths from hospitals, care homes and the wider community, brings the United Kingdom death toll to 37,048.

What Time Is the SpaceX Launch on Wednesday?
The weather forecast remains unfavorable, with a 60 percent chance of bad conditions, according to Cape Canaveral forecasters. Crew Dragon sits atop a SpaceX Falcon 9 rocket, ready to fly - weather permitting - the Demo-2 mission on May 27, 2020.

Heidfeld: Vettel to Mercedes not realistic
Heidfeld believes joining Mercedes wouldn't be good for Vettel as it is Hamilton's team while having another number one driver would also not suit Hamilton.