US stock exchanges say prepared for coronavirus

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U.S. stock exchanges said on Wednesday they were watching coronavirus-related developments closely and had contingency plans in place to continue ...

U.S. stock exchanges said on Wednesday they were watching coronavirus-related developments closely and had contingency plans in place to continue running if any of their operations were affected.

FILE PHOTO: The facade of the New York Stock Exchange is illuminated by the morning sun in New York, U.S. May 31, 2019. REUTERS/Lucas JacksonShare this contentNEW YORK: U.S. stock exchanges said on Wednesday they were watching coronavirus-related developments closely and had contingency plans in place to continue running if any of their operations were affected.

"The NYSE is carefully monitoring the spread of COVID-19 and has robust contingency plans, tested regularly, to enable continuous operation of the NYSE exchanges should any facilities be impacted," a spokesman for the NYSE, which is owned by Intercontinental Exchange Inc , said in a statement.NYSE runs five U.S. stock exchanges, while Cboe Global Markets runs four, and Nasdaq Inc runs three.

"Cboe has business continuity plans in place for a wide variety of scenarios that could potentially impact operations. We are closely monitoring developments related to coronavirus," a spokeswoman for Cboe said. "The safety of Nasdaq employees, vendors, visitors is paramount. We continue to follow the updates and act and communicate accordingly," a spokesman for Nasdaq said.

 

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