NYSE Eyes 'Safe' NY Floor Reopening as Research Shows Value of Open Outcry
NYSE COO Michael Blaugrund looks ahead to a potential reopening of the exchange's iconic New York trading floor, and describes why NYSE believes it's appropriate to reopen the Arca Options floor earlier, and the role of DMMs in reducing volatility.
The New York Stock Exchange (NYSE) is focusing on preparations to reopen its New York trading floor as soon as it is safe to do so, and will use the upcoming reopening of its NYSE Arca Options floor in San Francisco as a blueprint for reopening the NYSE floor, though reopening plans will differ because of the specific circumstances affecting each city during the coronavirus pandemic.
The group plans to reopen its Arca Options trading floor on Montgomery Street in San Francisco this coming
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