NYSE to reopen trading floor to subset of brokers in late May
Cunningham said that “designated market makers” will largely continue to do their jobs away from the floor.
“Bringing our physical trading floor back online will begin the process of returning the NYSE to the highest level of service for investors and listed companies,” she said. “This is important because stocks trade better when the floor is open, with reduced volatility and fairer prices.”
On Thursday, Cunningham said the exchange will require everyone who comes to the facility to avoid public transportation. She said floor brokers and visitors will be screened and have their temperatures taken as they enter the building. Those who do not pass the check will not be allowed to enter until they test negative for Covid-19, or self quarantine, Cunningham said.
The NYSE will not resume its regular schedule of events and most of the rest of the building will remain “largely empty” as many employees will continue to work remotely.
A daily regimen of “thorough cleaning and sanitation” of the trading floor will be implemented, Cunningham said.
– Clare Duffy contributed to this report