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- Coronavirus forces New York Stock Exchange into electronic-only trading mode
Posted by : Brij Bhushan
Thursday, 19 March 2020
The New York Stock Exchange (NYSE) will close its trading floors and switch to electronic-only mode in response to the coronavirus (COVID-19) threat, CNBC reports. Intercontinental Exchange, the NYSE’s parent company, said the measures represent “a precautionary step to protect the health and well-being of employees, and the floor community, in response to COVID-19.” [Read: The coronavirus is strengthening the case for free internet access] Two people screened at the entrance of its Lower Manhattan building have returned positive readings for COVID-1, NYSE president Stacey Cunningham told reporters. The firm began pre-emptively testing employees and building entrants for the virus this week.…
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