May 4, 2021 - Economy

New York Stock Exchange to loosen trading floor restrictions

Courtenay Brown

Photo of a trader holding headphones over their head and standing outside the New York Stock Exchange — A trader outside the New York Stock Exchange. Photo: Angela Weiss/AFP via Getty Images

The New York Stock Exchange says its iconic trading floor can get more crowded starting next week — the latest reopening sign in the country's financial center.

Driving the news: Firms can increase how many traders they have on the floor, if all of their staff have been vaccinated. They will be exempt from certain COVID protocols, like random testing.

The traders will have to submit proof of vaccination (a photo from the state's digital "Excelsior Pass" app or a vaccination card screenshot), per an internal memo obtained by Axios. The memo was first reported by Bloomberg.

The big picture: It comes as New York seeks to fully reopen and firms are sketching out back-to-office plans.

Goldman Sachs will ask workers to return next month, the New York Times reported today.

Add Axios on Google

New York Stock Exchange to loosen trading floor restrictions

What to read next