The Chicago Mercantile exchange (CME Group) is the second company which launched a bitcoin futures in the U.S. – will close its Mall in Chicago, March 13, responding to what the world health organization called the coronavirus pandemic.
It is important to note that trading will continue as usual. It is just that 450 traders and employees of trading floors were not in the same physical space in order to protect themselves from infection.
Financial markets in the United States suffered greatly from the outbreak, at a time when the Dow Jones Industrial Average fell by 1500 points over 24 hours at the time of writing.
CME – the world’s largest financial derivatives exchange, trading agricultural products, Fiat and cryptocurrency assets, interest rates, metals and stock indices. CME Group announced the closure as a precautionary measure:
“No cases of coronavirus has not been recorded on the trading floor or in the building of the Chicago Board of trade. The re-opening of the trading floor will take place when there is more medical advice about coronavirus”.
Today the outbreak of coronavirus has caused the cessation of most flights in and out of China, closing Italy, and previously, the restrictions of travel between Europe and the United States.
However, it is not planning to close the trading floor of the new York stock exchange, despite the 200 confirmed cases COVID-19 in the city. Nasdaq, which is also based in new York city, preparing a backup trading floor and data center in the business center and Navy Yard city of Philadelphia, but remains open for business.
Coinbase, the cryptocurrency exchange, San Francisco, and Messari, the company’s analysis of the cryptocurrency in new York, announced that employees will work from home until further notice.
Blockstack and exchange twins Winklevosses also encourage employees to work remotely.
Today in the United States there are 1322 confirmed cases of people infected with COVID-19, including 38 deaths.