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New York Stock Exchange bans floor traders from using Public Transit/Subway/Metro North because of Covid-19

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  • Member since
    December 2008
  • From: Toronto, Canada
  • 2,560 posts
Posted by 54light15 on Thursday, June 25, 2020 9:20 PM

A friend takes the TTC to work every day. They didn't want him taking the bus so they gave him a smart phone with an Uber app that the company pays for. The TTC does a good job of cleaning their vehicles and every other seat is taped off so it can't be used so there's proper spacing. I'm not so sure he'll be safer in a stranger's car. 

  • Member since
    September 2014
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Posted by GERALD L MCFARLANE JR on Tuesday, June 23, 2020 1:35 PM

scilover
As much as it’s troublesome…. I can’t blame them as so many people use the subways daily, if one person is infected, he/she can pass it to everyone on the subway. Better safe than sorry I suppose. 

The order has already been rescinded, floor traders can once again take transit to the NYSE, this was done either two weeks ago or last week.

  • Member since
    June 2020
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Posted by scilover on Monday, June 22, 2020 9:43 PM
As much as it’s troublesome…. I can’t blame them as so many people use the subways daily, if one person is infected, he/she can pass it to everyone on the subway. Better safe than sorry I suppose.
  • Member since
    November 2014
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Posted by JoeBlow on Wednesday, June 3, 2020 5:54 PM

Captain Cinderdick
and why does NYSE still have floor traders when everything is done on a computer

This might be the beginning of the end to the NYSE trading floor. Nasdaq has been fully electronic from its start in 1971.

  • Member since
    May 2020
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New York Stock Exchange bans floor traders from using Public Transit/Subway/Metro North because of Covid-19
Posted by Captain Cinderdick on Monday, May 18, 2020 11:08 AM

https://www.wsj.com/articles/the-nyse-will-reopen-the-trading-floor-11589487300

According to the Artical Employees of NYSE and Member Firms will not be allowed into building if caught using the subway...Ok then where do u park 300 cars and the cost of a limo ride from the Hamptons/Berkshires..and why does NYSE still have floor traders when everything is done on a computer

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