Humans on NYSE Floor Lead to Less Volatile Markets, COO Says
Video Credit: Cheddar Inc. - Duration: 01:33s - Published
Humans on NYSE Floor Lead to Less Volatile Markets, COO Says
The New York Stock Exchange’s trading floor on Wall Street has been shut down since March 23 as its owner, Intercontinental Exchange, has shifted to a fully-electronic system.
“It’s absolutely our intention to reopen all of our trading floors and we’ll do so as soon as we believe it’s able to be done in a way that reduces the risk for the trading floor community and our employees,” Michael Blaugrund, Chief Operating Officer of the NYSE, told Cheddar on Friday.
