NYSE to reopen trading floor to some market makers on Wednesday

  • 📰 Reuters
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 97%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

The New York Stock Exchange will allow a limited number of market makers to return to its trading floor on Wednesday, 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 25% of participants who returned when the trading floor partially reopened on May 26.

During the latest phase of the reopening, verbal bids and offers will not be allowed, the exchange said on Monday. The trading floor will continue to operate with reduced headcount and additional safety precautions, it added. 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.

Reporting by C Nivedita; Additional reporting by Bharath Manjesh in Bengaluru; Editing by Shounak Dasgupta and Maju Samuel

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Creadores de Mercado?.....

123,045

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

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

NYSE will allow some market makers to return to the trading floor Wednesday - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

NYSE will allow some market makers to return to the trading floor Wednesday - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Dow futures sink 600 points as market pullback continues, airline and retail shares declineThe early morning trading action in futures market followed a big pullback last week. The mirage is struggling to hold its form. Print more.....issue more debt.....that will help...... Who will the Trump administration trot out today to talk up the market? Or more vaccine news? Or a new multi-trillion dollar stimulus plan? The Fed was always a destructor, the public just never knew. 98% of the country doesn’t remotely understand how the financial system works, nor any rational economics, so they actually thought this Ponzi Scheme was helping them.
Source: CNBC - 🏆 12. / 72 Read more »

Four trades linked to Aramco purchase of 70% stake in SABIC: market sourcesFour transactions involving 2.1 billion shares in Saudi Basic Industries Corp on the Saudi bourse on Sunday appeared to be linked to Saudi Aramco's planned purchase of a 70% stake in the petrochemicals company, two market sources said. Hmmm... so sucking Aramco's cash directly into gov. safe?
Source: Reuters - 🏆 2. / 97 Read more »