CoronavirusNational

NYSE Halts Physical Trading After Two Test Positive for COVID-19

The New York Stock Exchange (NYSE) will temporarily close its trading floor starting Monday, March 23.

This closure comes after two traders there tested positive for Coronavirus Disease 2019, or COVID-19, after being screened for the virus.

Trading will continue, but only by electronic means.

“NYSE’s trading floors provide unique value to issuers and investors, but our markets are fully capable of operating in an all-electronic fashion to serve all participants, and we will proceed in that manner until we can re-open our trading floors to our members,” said Stacey Cunningham, President of the New York Stock Exchange.

This is the first time in the exchange’s history that physical trading will stop while electronic trading continues.

Officials say they’ll continue to monitor events until an appropriate time to re-open the NYSE trading floors is determined.

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