Some NYSE operations return to remote operations amid case boom

Some employees of the New York Stock Exchange will return to remote work in the midst of a huge increase in Kovid-19 cases, America’s largest city.

The NYSE said in a statement on Tuesday, “On Monday, December 28, 2020, in response to a change in the state of NYC-area public health, the NYSE Designated Market Makers (DMM) temporarily on remote operations (with limited exceptions) Will come back. ” .

“DMM will maintain its regulatory obligations to maintain fair and orderly markets in all NYSE-listed securities and will provide liquidity electronically and facilitate auctions in its scheduled securities. The statement stated that the NYSE trading floor will remain open and will continue to support all NYSE floor broker activity.

After a historic shutdown in March due to a coronavirus pandemic, the NYSE opened its doors partially in late May. In the partial reopening, about 80 floor brokers were welcomed, about 25% of the number before the coronovirus epidemic.

Now, the NYSE is sending some market makers back to their remote work locations due to a record number of Kovid-19 cases in New York City.

December has been one of the worst months of the epidemic in New York. New daily coronavirus cases across the state have recently eclipsed 10,000 for the first time as Vasant and Kovid-19 are hospitalized.

New York Government’s Andrew Cuomo announced on Friday that New York City restaurants would be forced to close their indoor dining sections.

Despite starting sending and administering the Pfizer vaccine last week, the US CNBC reports at least 215,400 new Kovid-19 cases and at least 2,600 virus-related deaths based on a seven-day average count using Johns Hopkins Has been doing. University statistics.

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