CME to Close Its Trading Floor Amid Coronavirus Outbreak
CME Follows NYSE in Limiting Access to Floor Amid Coronavirus
(Bloomberg) -- CME Group Inc. will close its trading floor at the end of the week as exchanges alter their operations to control the spread of the coronavirus.
CME Group said all products will continue to be available to trade on its Globex electronic system, according to a statement released Wednesday. The move by the Chicago-based market operator follows the New York Stock Exchange, which on Wednesday restricted access to its iconic trading floor in downtown Manhattan.
CME will rely on medical guidance as to when the floor operations resume. The only floor traders left at the Chicago location work in options on futures pits and some equity futures.
No coronavirus cases have been reported at the exchange, and
the main offices will remain open, the company said.
To contact the reporter on this story: Matthew Leising in Los Angeles at mleising@bloomberg.net
To contact the editors responsible for this story: Michael J. Moore at mmoore55@bloomberg.net, Dan Reichl
©2020 Bloomberg L.P.