LONDON — Keeping U.S. markets open during the coronavirus epidemic is critical for maintaining investor confidence, exchanges and market industry bodies said in a joint statement on Friday. Signatories to the statement included the American Bankers Association, CBOE, Nasdaq, CME, the Institute of International Finance and the International Swaps and Derivatives Association. "Keeping all U.S. financial markets open is essential to the well-being of the general economy and vital to maintaining and bolstering investor confidence, particularly once the economy recovers from the effects of this pandemic," the statement said. The statement was not signed by the New York Stock Exchange (NYSE) where trading has been halted several times for a few minutes due to extreme price moves.

Source: International New York Times March 20, 2020 13:41 UTC