CHICAGO _ The CBOE Options Exchange's trading floor, closed since mid-March because of the coronavirus, will reopen June 8 in Chicago with a host of new rules and likely far fewer traders.
Temperatures checks and medical screenings will occur at entrances. Face coverings will be required at all times. Testing for COVID-19 may occur. Six feet of social distancing must be observed. Drinking water on the trading floor will be permitted, but food delivery won't. And public transportation should be avoided.
The exchange's trading floor has been enlarged and reconfigured and new capacity limits have been put in place.
As a result of the guidelines detailed by CBOE, the exchange expects half of traders to return. The exchange's offices in Chicago, as well as its global locations, will remain closed, with employees working remotely.
CBOE said anyone violating the pandemic safety rules could be subject to informal or formal disciplinary action or barred from the facilities.
The exchange's hybrid model of open-outcry and electronic trading temporarily switched to electronic-only trading March 16.
The trading floor of the New York Stock Exchange reopened Monday, with Gov. Andrew Cuomo ringing the opening bell.
