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Cboe and LME could close iconic trading pits if coronavirus spreads

Two of the world’s last open-outcry trading floors could temporarily go fully electronic under emergency plans

Traders react on the trading floor of the open outcry pit at the London Metal Exchange
Traders react on the trading floor of the open outcry pit at the London Metal Exchange Photo: Getty Images

Two of the world’s last remaining open-outcry trading floors could be temporarily shut down to prevent the spread of the coronavirus in UK and US financial heartlands.

Cboe Global Markets and the London Metal Exchange are considering switching to fully electronic trading as part of their emergency planning for the spread of the respiratory illness, which has now infected more than 93,000 people across the world.

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