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Some NYSE operations to return to remote working

Some NYSE operations to return to remote working

December 23, 2020

(Reuters) – Some of the New York Stock Exchange’s operations will temporarily return to remote working from Monday amid the ongoing coronavirus outbreak.

“In response to changes in the NYC-area public health conditions, NYSE designated market makers (DMMs) will temporarily return to remote operations (with limited exceptions),” an NYSE spokeswoman said in an emailed statement.

The Intercontinental Exchange Inc’s NYSE DMMs floor oversees trading in the exchange’s 2,200 listed companies.

The state of New York reported 9,727 COVID-19 cases and 153 deaths on Tuesday, according to a Reuters tally. Overall, the state has recorded more than 871,000 cases and over 36,000 deaths.

NYSE trading floor will remain open and continue to support all NYSE floor broker activity, spokeswoman added.

(Reporting by Radhika Anilkumar in Bengaluru and John McCrank in New York;Editing by Cynthia Osterman)

The post Some NYSE operations to return to remote working first appeared on One America News Network.

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