New York Stock Exchange to reopen trading floor, with limits

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New York Stock Exchange to reopen trading floor, with limits
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The New York Stock Exchange closed for physical trading in mid-March after a person working there tested positive for the virus, but remained open for electronic trading.

The New York Stock Exchange will reopen its trading floor later this month but with limits imposed to keep the coronavirus from spreading among brokers, its president said on Thursday.

In an op-ed published in The Wall Street Journal, the exchange's president Stacey Cunningham said the trading floor in Lower Manhattan would reopen on May 26 but with conditions that could"hopefully chart a path that other businesses in densely populated areas might follow." People working at the exchange will also be barred from taking public transportation and be screened for COVID-19 before entering the building.

"While our plan is designed to reduce risk, it cannot eliminate it," Cunningham said, acknowledging that new cases could occur."Our approach is designed to identify possible cases quickly, which will protect against a broader spread and allow our floor to continue operating."

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