New York Stock Exchange Trading Floor
The new york stock exchange is temporarily closing trading floors and moving to fully electronic trading next week to prevent the spread of coronavirus exchange operator intercontinental exchange.
New york stock exchange trading floor. How the trading floor works. May 26 2020 the new york stock exchange reopened its trading floor on tuesday after a nine week shutdown due to covid 19. More trading floor definition. Traders work the floor of the.
Instead of a boisterous trading floor these days many us equity transactions happen in a data center in suburban new jersey. The average daily trading value was approximately us 169 billion in 2013. It means closing down the trading floor at the corner. The new york stock exchange made the decision this week to temporarily move to electronic trading starting monday in response to covid 19.
Traders will be barred from using public transportation. New york stock exchange closes trading floor will operate electronically closing down the market itself would be viewed as incredibly extreme one analyst said. The new york stock exchange located in new york city is the world s largest equities based exchange in terms of total market capitalization. In fact you ll find trading floors at the chicago board of trade and in investment banks and.
One place where human traders are safe though is the new york stock. For the first time in its 228 year history the new york stock exchange will tomorrow open without its trading floor the disruption is symbolic underscoring how the new coronavirus has run riot. The exchange moved to full electronic trading on march 23 after two.