New York Stock Exchange Will Partially Reopen on May 26
The New York Stock Exchange's trading floor, one of the most iconic symbols of capitalism, will start to reopen later this month. In an op-ed published in The Wall Street Journal, NYSE President Stacey Cunningham said the Exchange would welcome back a "subset" of floor traders -- generally brokers from smaller firms -- on May 26.
The trading floor was closed on March 23 after an employee of the NYSE and a floor trader both tested positive for COVID-19 in a screening conducted at the building's entrance. Since then, the NYSE, which is owned by Intercontinental Exchange (NYSE: ICE), has been operating on a strict electronic-trading-only basis, with both traders and employees working remotely.
Image source: New York Stock Exchange (Intercontinental Exchange).
Source Fool.com
