CME Can’t Guarantee Trader Safety When Chicago Floor Reopens
- Floor traders will need to sign a waiver, accept risks: CEO
- Earliest floor will open is three weeks after lockdown ends
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CME Group Inc. said it can’t guarantee the safety of workers using its options-trading floor when Chicago pits reopen.
Social distancing isn’t possible in open outcry trading environments and, as a result, the exchange will require anyone willing to resume trading on the floor to sign a waiver accepting the risks of catching the coronavirus, Chief Executive Officer Terry Duffy said at a shareholder meeting Wednesday.