<?xml version="1.0" encoding="UTF-8"?><rss version="2.0" xmlns:content="http://purl.org/rss/1.0/modules/content/"
     xmlns:dc="http://purl.org/dc/elements/1.1/"
     xmlns:atom="http://www.w3.org/2005/Atom"
     xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"
     xmlns:slash="http://purl.org/rss/1.0/modules/slash/"
     xmlns:georss="http://www.georss.org/georss"
     xmlns:geo="http://www.w3.org/2003/01/geo/wgs84_pos#"
     xmlns:media="http://search.yahoo.com/mrss/">
    <channel>
        <title><![CDATA[NYSE to shut down trading floor Monday due to Chinese virus]]></title>
        <atom:link href="https://usagag.com/2020/03/19/nyse-to-shut-down-trading-floor-monday-due-to-chinese-virus/" rel="self" type="application/rss+xml" />
        <link>https://usagag.com/2020/03/19/nyse-to-shut-down-trading-floor-monday-due-to-chinese-virus/</link>
        <lastBuildDate>Thu, 19 Mar 2020 06:19:38 +0000</lastBuildDate>
        <sy:updatePeriod>hourly</sy:updatePeriod>
        <sy:updateFrequency>1</sy:updateFrequency>
        <generator>https://usagag.com</generator>
        <media:content url="/uploads/2020/03/nyse-to-shut-down-trading-floor-monday-due-to-coronavirus.jpg" medium="image">
            <media:title type="html">NYSE to shut down trading floor Monday due to Chinese virus</media:title>
        </media:content>
        <content:encoded><![CDATA[<p>The Big Board’s famous trading floor is about to go dark.</p><p>The New York Stock Exchange on Wednesday said its COVID-19 screening process has yielded two positive tests. As a result, the exchange said it will close its physical trading floor on Monday, March 23, and move to a fully electronic trading system.</p><p>“They’re finally shutting it down,” one NYSE insider told The Post. “It’s a relief, to be honest.”</p><p>A source familiar with the NYSE’s plans said the decision to stay open for two more days is to facilitate an orderly transition and not disrupt stock trading at a time of increased volatility.</p><p>The historic exchange, popularly known as the Big Board, has closed down temporarily during other crises, including during the 9/11 aftermath. But this will be the first time it will continue to trade electronically while shutting off access to the physical trading floor, known for its animated traders.</p><p>“All NYSE markets will continue to operate under normal trading hours despite the closure of the trading floors,” NYSE President Stacey Cunningham assured Wall Street in a statement.</p><p>Until Wednesday, Cunningham had been holding firm in her decision to keep the trading floor open — even as she took unusual steps to rein in the coronavirus threat.</p><p>The NYSE, for example, had cut back on staff so the people remaining could practice “social distancing.” And as The Post reported Monday, it had begun <strong>taking staff temperatures at the entrance every morning.</strong></p><p>It was the temperature checks that did them in. The two NYSE employees who tested positive — a floor trader and an NYSE employee — “were screened at the NYSE security checkpoint,” NYSE told traders.</p>]]></content:encoded>
                <dc:creator><![CDATA[USAGAG]]></dc:creator>
            </channel>
</rss><!--Time: 0.026986122131348-->