It was a sign of survival of the financial heart of New York City, as the state has long been the epicenter of the U.S. outbreak. The reopening comes in contrast to other major financial firms, including lenders and credit card companies, which have been more cautious, with most U.S. staff working remotely.
It was hardly business as usual, with floor capacity down by 75% to help with social distancing, Plexiglas separators between trading pods, and other measures to reduce chances of an outbreak. The 100 or so traders, regulatory and operational staff who headed into the building were told to avoid public transportation and were screened for signs of the virus at the door, where they had to sign a liability waiver.
Most of the NYSE’s designated market makers, who oversee trading in the exchange’s 2,200 listed companies, are still working from home, as are most exchange employees.
Time to make fiat money out of thin air with a few keystrokes.
there’s still a trading floor? what do they do there, churn butter?
Crossing my fingers and hoping some Wall Street human capital is eliminated
Move it to Connecticut
They should turn into a food bank .. gonna need it. Murica
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