US stock exchanges say prepared for coronavirus

US stock exchanges say prepared for coronavirus

U.S. stock exchanges said on Wednesday they were watching coronavirus-related developments closely and had contingency plans in place to continue running if any of their operations were affected.

The facade of the New York Stock Exchange is illuminated by the morning sun in New York
FILE PHOTO: The facade of the New York Stock Exchange (NYSE) is illuminated by the morning sun in New York, U.S. May 31, 2019. REUTERS/Lucas Jackson

NEW YORK: U.S. stock exchanges said on Wednesday they were watching coronavirus-related developments closely and had contingency plans in place to continue running if any of their operations were affected.

"The NYSE is carefully monitoring the spread of COVID-19 and has robust contingency plans, tested regularly, to enable continuous operation of the NYSE exchanges should any facilities be impacted," a spokesman for the NYSE, which is owned by Intercontinental Exchange Inc , said in a statement.

NYSE runs five U.S. stock exchanges, while Cboe Global Markets runs four, and Nasdaq Inc runs three.

"Cboe has business continuity plans in place for a wide variety of scenarios that could potentially impact operations. We are closely monitoring developments related to coronavirus," a spokeswoman for Cboe said.

"The safety of Nasdaq employees, vendors, visitors is paramount. We continue to follow the updates and act and communicate accordingly," a spokesman for Nasdaq said.

(Reporting by John McCrank; Editing by Tom Brown)

Source: Reuters

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