NYSE will allow some market makers to return to the trading floor Wednesday - Business Insider

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NYSE will allow some market makers to return to the trading floor Wednesday

. Those who will be returning this week will be asked to sign waivers, as well as submit to medical screenings and random testing for COVID-19, according to the report.

Once inside the venue, things will look a little different as well — market makers will be required to wear face masks, practice social distancing, and will work on hand-held devices instead of open outcry, Bloomberg reported. GOLDMAN SACHS: Buy these 9 dirt-cheap stocks now before their share prices catch up to their strong earnings upside

According to Blaugrund, the expectation is that the designated market makers will provide manual opening and closing auctions, critical for price liquidity, he told Bloomberg. GTS, one designated market maker, will send eight employees back to the NYSE, according to the report. That's half the firm's usual level, CEO Ari Rubenstein told Bloomberg.this Friday, the rebalancing of the Russell indexes next week, and the start of corporate earnings season, according to the report.

 

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