NYSE to reopen trading floor after Memorial Day with changes
NYSE President Stacey Cunningham announced the decision on Thursday
The president of the New York Stock Exchange Stacey Cunningham told the Wall Street Journal they plan to reopen the trading floor to a subset of brokers on the Tuesday after Memorial Day.
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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.
| Ticker | Security | Last | Change | Change % |
|---|---|---|---|---|
| ICE | INTERCONTINENTAL EXCHANGE INC. | 157.96 | +0.27 | +0.17% |
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.
NYSE President Stacey Cunningham says trading will resume on the floor of the exchange when it's safe.
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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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| Ticker | Security | Last | Change | Change % |
|---|---|---|---|---|
| CME | CME GROUP INC. | 229.66 | +2.10 | +0.92% |
| CBOE | CBOE GLOBAL MARKETS INC. | 205.00 | -0.70 | -0.34% |