Trading Floor New York Stock Exchange

The new york stock exchange is preparing a coronavirus contingency plan that might close its iconic trading floor.

Trading floor new york stock exchange.

The new york stock exchange nyse nicknamed the big board is an american stock exchange at 11 wall street in the financial district of lower manhattan in new york city it is by far the world s largest stock exchange by market capitalization of its listed companies at us 30 1 trillion as of february 2018. In fact you ll find trading floors at the chicago board of trade and in investment banks and. The average daily trading value was approximately us 169 billion in 2013. New york stock exchange closes trading floor will operate electronically closing down the market itself would be viewed as incredibly extreme one analyst said.

Traders work the floor of the. Traders will be barred from using public transportation. 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. Trading floors aren t unique to the new york stock exchange.

The new york stock exchange will reopen its trading floor on may 26 though with numerous restrictions in place. 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. How the trading floor works. More trading floor definition.

One example is the new york stock exchange nyse which still executes a small percentage of its trades on the floor. The new york stock exchange located in new york city is the world s largest equities based exchange in terms of total market capitalization. The coronavirus pandemic has swept through the state prompting work from home. It means closing down the trading floor at the corner.