The New York Stock Exchange (NYSE) will reopen from Tuesday and partially its trading room of the emblematic number 11 of Wall Street, which had been closed since last March 23 as a health prevention measure to stop the spread of the Covid-19 pandemic, after which the New York market had been operating exclusively electronic these two months.
The reopening of the New York parquet This will be the case one day after the Memorial Day festivity for which all US markets remain closed this Monday. and almost a month after the partial return of physical operations in the NYSE Arca options and futures market in San Francisco, which resumed face-to-face activity on May 4 after also going electronic on March 23.
“Our reopening on May 26 will follow the day when, as every year, we honor those who gave their all to defend our nation. This year we also want honor toilets and essential service workers“NYSE President Stacey Cunningham said in an article published by The Wall Street Journal.
Far from the ‘new normal’
In this sense, Cunningham warned that the partial reopening of the New York trading room will still be a return to normality of operations, since, in the first place, the designated market makers of the New York Stock Exchange will continue to act electronically, while only a small number of brokers will be allowed to return to the floor and they must follow a series of health precautions, including the obligation to wear a mask.
Also, the New York Stock Exchange will subject all operators to temperature controls like the rest of the staff at the entrance of the building and will not allow access to those who do not pass this procedure. Likewise, the market manager has recommended avoiding the use of public transport.
The New York Stock Exchange had last closed its physical operations for two days in October 2012, after the Hurricane Sandy. Previously, trading on the New York Stock Exchange had been closed for four sessions following the terrorist attacks of September 11, 2001.