The New York Stock Exchange reopens its parquet tomorrow after two months closed by Covid-19

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New York Stock Exchange facade on Wall Street.

The New York Stock Exchange (NYSE) will reopen from Tuesday and partially its trading room of the emblematic number 11 Wall Street, which had been closed since March 23 as a health prevention measure to stop the propagation of the Covid-19 pandemic, after which the New York market had been operating exclusively electronic these two months.

The reopening of the New York parquet will take place this way one day after the Memorial Day festivity for which this Monday all the United States markets remain closed and almost a month after the partial return of operations physicals in the options and futures market NYSE Arca de San Francisco, which resumed activity in person on May 4 after having also gone electronically on March 23.

“Our reopening on May 26 will follow the day when, as every year, we honor those who gave their all to defend our nation. This year we also want to honor health workers and essential services workers,” said the president of the NYSE, Stacey Cunningham, in an article published by The Wall Street Journal.

In this sense, Cunningham warned that the partial reopening of the New York trading room will still be far from a return to normal operations, since, in the first place, the designated market makers of the New York Stock Exchange will continue acting telematically, while only a small number of brokers will be allowed to return to the park and they must follow a series of health precautions, including the obligation to wear a mask.

Likewise, the New York Stock Exchange will subject all operators and other staff at the entrance to the building to temperature controls, and will not allow access to those who do not pass this procedure. Likewise, the market manager has recommended avoiding the use of public transport.

The last face-to-face session on Wall Street, held on March 20, dismissed the selective Dow Jones Industrials at 19,173.98 points, while in the reopening on Tuesday, the reference index will start from 24,465.16 integers, more than 27% above.

The New York Stock Exchange had last closed its physical operations for two days in October 2012, after Hurricane Sandy. Previously, trading on the New York Stock Exchange had been closed for four sessions following the terrorist attacks of September 11, 2001.

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