Cboe Eyes June 1 Pit Reopen

A legendary trading floor looks to re-open – and soon.

Cboe Global Markets wants to open its now-closed trading floor around June 1st, according to news first reported by Reuters. As COVID-19 fears begin to regress and traders are increasingly eager to return to the trading pits, the exchange operator is contemplating brings humans back.

Cboe Chairman and CEO Ed Tilly was reported as saying that while the company is preparing to safely open the trading floors, it’s working on a “parallel path on an electronic solution” to better replicate electronically the experience of the floor.