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CME Group Announces to Close Chicago Trading Floor Due to Concerns Over Coronavirus

"No coronavirus cases have been reported on the trading floor or in the Chicago Board of Trade building."

The world’s largest financial derivative exchange Chicago Mercantile Exchange (CME) Group the second company which launched Bitcoin futures on its platform is closing trading in Chicago as a precautionary move to Coronavirus outbreak as it announced on Wednesday, March 11.

According to the report of CNBC, the closing of the Chicago trading floor will occur on Friday 13th March. CNBC report claims that after the suspension of trading in Chicago, the CME Group will become the first major U.S. exchange to shut down a trading floor due to coronavirus outbreak.

It’s a precautionary move “No cases have been reported on the floor”

The major financial derivative exchange clarifies that this is just a precautionary move to lessen the large gatherings that can boost the coronavirus epidemic outbreak. However, the company claims that there have been no cases of coronavirus confirmed on the Chicago trading floor. According to a report:

“No coronavirus cases have been reported on the trading floor or in the Chicago Board of Trade building. The reopening of the trading floor will be evaluated as more medical guidance on the coronavirus becomes available.”

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An additional “q&a” will be given to traders in Chicago as well regarding the execution of the trading products. The company also assures that all of the Chicago headquarters will remain open and also the trading of all products will remain to continue on CME Globex.

The announcement of closing the Chicago trading floor came from the CME Group right after various companies asked their employees to work from home to avoid coronavirus outbreak. Recently, the leading San Francisco-based crypto exchange Coinbase instructed its employees to stay at their homes and work from there. Some other companies such as the crypto analytics firm Messari, Blockstack and the Winklevoss Twins are also implementing new measures due to concerns over coronavirus outbreak.

Till now, COVID-19 spread has caused several crypto businesses to halt their businesses and continues to affect the crypto industry. produces top quality content exposure for cryptocurrency and blockchain companies and startups. We have provided brand exposure for thousands of companies to date and you can be one of them too! All of our clients appreciate our value / pricing ratio. Contact us if you have any questions: Cryptocurrencies and Digital tokens are highly volatile, conduct your own research before making any investment decisions. Some of the posts on this website are guest posts or paid posts that are not written by our authors (namely Crypto Cable , Sponsored Articles and Press Release content) and the views expressed in these types of posts do not reflect the views of this website. Tokenhell is not responsible for the content, accuracy, quality, advertising, products or any other content posted on the site. Read full terms and conditions / disclaimer.

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