NYSE to reopen trading floor to some market makers on Wednesday

The New York Stock Exchange will allow a limited number of market makers to return to its trading floor on Wednesday, a spokesperson said, nearly three months after closing it due to the coronavirus pandemic.

FILE PHOTO: The New York Stock Exchange is seen in the financial district of lower Manhattan during the outbreak of the coronavirus disease in New York City, U.S., April 26, 2020. REUTERS/Jeenah MoonREUTERS: The New York Stock Exchange will allow a limited number of market makers to return to its trading floor on Wednesday, a spokesperson said, nearly three months after closing it due to the coronavirus pandemic.

More designated market makers, who oversee trading in the exchange's 2,200 listed companies, will be permitted to come back this week, adding to the 25per cent of participants who returned when the trading floor partially reopened on May 26.Intercontinental-owned NYSE closed its floor in March and had moved to electronic trading for the first time in its 228-year history, after one of its employees and a trader tested positive for COVID-19.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

After ivory trade crackdown, Chinese buyers find new black market in CambodiaThe ivory trade has taken a hit in recent years, with sweeping domestic trade bans from major consumer countries like China.But tightening regulations and enforcement have not stamped out the trade in Asia. Instead it has forced criminal networks to adapt and shift to countries less able to enforce the
Source: YahooSG - 🏆 3. / 71 Read more »