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The CME Group physical trading floor will close due to the coronavirus. Much of today’s trade is done electronically. Trade on the floor will end at the close of Friday’s trading session, and all trading will take place on the GME Globex. CME Group says the action is “a precaution to reduce large gatherings that can contribute to the spread of coronavirus in line with the advice of medical professionals.” No coronavirus cases have been reported on the trading floor or in the Chicago Board of Trade building. The reopening of the trading floor will be evaluated as more medical guidance on the coronavirus becomes available. The company’s headquarters will remain open. Meanwhile, following many other events, the Commodity Futures Trading Commission postponed this year’s Agricultural Commodity Futures Conference scheduled for April 1-2 in Overland Park, Kansas. And, the CFTC will relocate its open meeting scheduled for March 31 at the Federal Reserve Bank of Kansas City to CFTC headquarters in Washington, D.C.

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