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March 11, 2020

CME Group has announced the closure of a trading floor in Chicago due to the raging coronavirus, CNBC reports.

The closure will take effect on Friday despite the fact that no cases of coronavirus infection have yet been recorded on the Chicago Board of Trade trading floor.

Thus, CME became the first major US exchange to close the trading floor over the coronavirus concerns.

BTC Futures Trading Volume on CME Drops by $1B in 3 Days

CME said that traders in Chicago will receive "additional Q&A" ​​related to the "implementation of certain products, procedures, and protocols, as well as other gender-related practices."

CME's decision to close the site occurs after more than 125,000 people all around the world have been infected with the coronavirus.

In the United States, the number of cases totaled to at least 1,110 with more than 30 deaths.

In January bitcoin (EXANTE: Bitcoin) options trading volume on the Chicago Mercantile Exchange reached 275 BTC or $2.1M on the same day this new instrument was launched.

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