Cboe Global Markets Inc. plans to open its Chicago options-trading floor on June 8.
Half of the floor’s participants are expected to return to the reconfigured space next month, Cboe said Tuesday in a statement. “Rigorous precautionary measures” to limit exposure to the coronavirus include a different layout to allow for social distancing and capacity limits, the wearing of masks and medical screening at entrances.
Activity on the exchange has been electronic-only since March 16. Cboe Chief Executive Officer Ed Tilly said in the statement that while the platform “continued to function well” in that time, customers want “the unique benefits” of having both electronic and floor trading.
The announcement comes after the New York Stock Exchange partially reopened its trading floor Tuesday. Governor Andrew Cuomo, who rang the iconic bell to open the stock market, said his administration will now focus on reopening its economic engine, New York City, the only state region still on lockdown.