Intercontinental Exchange is closing its London office, home to its European futures business, for the remainder of the week in one of the first signs of a key market-structure player impacted by coronavirus

• Intercontinental Exchange, parent company to the New York Stock Exchange, is closing its London office for the remainder of the week after an employee tested positive for coronavirus. 
• The employee who tested positive was last in the office on March 6, an ICE spokesperson told Business Insider.
• "We have developed and tested contingency plans for situations like these to serve our customers in an uninterrupted fashion during the days that our affected office remains closed," the spokesperson said via email.
• ICE's London office is home to its European futures business. 
• Click here for more BI Prime stories.

Intercontinental Exchange, parent company to the New York Stock Exchange, is closing its London office for the remainder of the week after an employee has tested positive for the novel coronavirus.  

An ICE spokesperson confirmed the office will be closed on Thursday and Friday and said employees have been instructed to work remotely while the office undergoes "full deep cleaning and disinfecting."

The employee was last in the office March 6 and is being treated, the spokesperson added. The London office, located in the Milton Gate building, is home to the exchange operator's European futures business.

"The ICE business units with a presence in the affected building will be supported from other locations and by those working remotely during the office closure," the ICE spokesperson told Business Insider in emailed comments. "We have developed and tested contingency plans for situations like these to serve our customers in an uninterrupted fashion during the days that our affected office remains closed."

The spokesperson declined to provide addition details regarding specifics around the contingency plan.

The office closure marks one of the first times a major market structure participant has been impacted directly by the spread of coronavirus. On Wednesday, CME Group announced that it would close its Chicago trading floor after business hours on Friday in a move aimed at preventing large gatherings of people. 

Financial firms across Wall Street have already started limiting travel and instituting other policies in response to the spread of coronavirus. 

 

SEE ALSO: A Barclays employee at the bank's New York City headquarters tested positive for the coronavirus and has been self-quarantined since last week

SEE ALSO: A Wells Fargo employee has coronavirus and Morgan Stanley, UBS, and Merrill Lynch all have offices in the same San Francisco skyscraper — here's what they're telling workers

SEE ALSO: Bad timing: Hotly anticipated tech IPOs are dealing with a brutal one-two punch of coronavirus fears and election uncertainty

Join the conversation about this story »

NOW WATCH: WeWork went from a $47 billion valuation to a failed IPO. Here's how the company makes money.

https://ift.tt/3aOvdiE