What will happen if the stock market is closed due to corona virus?

stock market is closed due to corona virus
The New York Stock Exchange is preparing to trade at a full dimension when it is closed.
 The New York Stock Exchange announced the closing of the trading floor on March 23.
 I tested an electronic plan of action.
 Its last closure in 2012 was due to Hurricane Sandy.
With the spread of the Corona virus, global economies rushed to take cover effectively, which led to the cancellation of travel, live events, public gatherings, etc., and questions raised the necessity of closing global exchanges until the New York Stock Exchange announced on March 18 that it closed the trading floor on March 23 due to the spread of the Corona virus .
Closing an actual stock exchange like the New York Stock Exchange is currently a less challenging challenge compared to the previous decade, given that most exchanges and their trading are now fully electronic to market makers or liquidity providers via computers and mobile devices.
The New York Stock Exchange has a plan to continue its operations in the event that it is forced to close the famous trading floor on Wall Street in downtown New York, and a spokesman said that the exchange carefully monitors the spread of the Corona virus and has a strong contingency plan that is regularly tested to continue the work of the exchange in the event of any emergency.
According to Reuters, which received an internal note from the New York Stock Exchange, the exchange has taken concrete measures to reduce the potential spread of the virus. These measures included imposing separate entrances and dining areas for its traders and employees, minimizing inactive visitors to the minimum, and thorough cleaning of the facility.
Another memo explains to traders the continuity plan if the stock market closes its doors. Here are some of the main contents of the memo:
Market makers are charged with implementing auctions electronically.
The stock exchange carries out auctions on their behalf in case they are unable to do so.
The stock market or direct listings are not released while the stock market is closed.
Electronic exchanges will operate normally, including the American Stock Exchange, the Chicago Stock Exchange and the National Stock Exchange if the facility is closed on Wall Street.
The New York Stock Exchange was forced to close last time in 2012 for two days in anticipation of the sandstorm Sandy that flooded the Manhattan region at that time, and the Stock Exchange recently tested the market makers’ supervision of stock auctions remotely by contacting stock exchange systems, which was never tried during normal market operations .
The New York Stock Exchange was closed several times over the years, as it closed in 1914 for four months after the outbreak of World War I, after the death of President John Kennedy in November 1963 and for four days after the September 11 attacks.
What will happen if the stock market is closed because of the Corona virus – cancellation of travel, live events, public gatherings and others – the effects of the virus on the global economy
The New York Stock Exchange sees human beings as the basis of its operations despite the lack of traders and market makers compared to the past decade or earlier, and it said on its website:
“Although all of our markets operate electronically using highly sophisticated technologies, there is nothing to compensate for the presence of humans. This human contact helps ensure our strength, create orderly opening and closing, reduce volatility, increase liquidity, and improve prices. We have maintained our steadfast commitment to stronger and more organized financial markets for more than two hundred years and we intend to maintain this tradition in the next two hundred years. ”
According to the New York Stock Exchange, humans perform the following functions:
1. Market makers
Market makers – formerly known as specialists – maintain fair and regulated markets for their assigned securities, and operate both manually and electronically to facilitate price discovery while markets open and close and during periods of major trade imbalance or instability.
2. Stockbrokers
Brokers, who are employees of member companies, carry out trading operations on the stock exchange on behalf of the company’s clients, act as agents, buy and sell shares to the public (institutions, financial reserve funds and traders). Brokers are in the trading floor and participate in the opening and closing auctions on the New York Stock Exchange as well as the length of the trading day.
The Chicago Mercantile Exchange announced the close of physical trading from the date of 19 March, with electronic trading continuing until further notice.

When Does the Coronavirus Vaccine Become Available?

When does the Coronavirus vaccine become available
When Does the Coronavirus Vaccine Become Available

Work has begun in multiple organizations, including the National Institute of Health, to develop a vaccine for the new strain of the Coronavirus, known to scientists as the 2019-nCoV.

Scientists started their work soon, but their vaccine development strategy will benefit from previous work on similar viruses such as SARS (acute respiratory distress syndrome), and MERS (respiratory Middle East syndrome), as well as advances in vaccine technology, such as acid vaccines Nucleic acid vaccines, are the DNA and RNA that make up the vaccine antigens in our bodies.

Has work started on finding a vaccine specifically for the new strain?

Not yet, but work is underway on viruses that have a strong association with this strain, viruses that have previously caused severe human disease: SARS and MERS.

Scientists did not pay attention to this particular strain previously, as no one knew of its existence and its ability to cause diseases in humans until this outbreak began.

How do scientists know the right time to work on a vaccine for coronavirus?

Historically, work to build vaccines for corona viruses begins when the virus begins infecting humans. Bearing in mind that this is the third major outbreak of new coronavirus in the past two decades, with the severity of the disease caused by these viruses. The investment must be made in developing a vaccine that greatly protects against these viruses.

What does the work include? And when are we supposed to have the vaccine?

The work includes producing the right target antigens, which are the viral proteins that the immune system targets, followed by testing the vaccine on experimental animals to test their effectiveness and safety of use.

Once the vaccine is proven safe and effective, clinical trials can be performed in humans. If the vaccine produces the expected immune and preventive reaction and is found safe, then it can be widely produced to vaccinate as many people as possible.

We do not yet have isolated viruses (or virus samples) to test the effectiveness of the vaccine against. We also lack antibodies that will confirm the vaccine is ready for use. We need the virus to verify that the immune response to the vaccine is working as it should, and we also need to determine which animals we will test the vaccine for, which may include mice and primates.

Can people secure these outbreaks in the future?

It is expected that such outbreaks will occur shortly intermittently.

To try to prevent the spread of outbreaks and large epidemics, we need to improve the health oversight of people and animals around the world, as well as invest in risk assessment mechanisms that allow scientists to assess potential human health threats from recognized viruses.

When does the Coronavirus vaccine become available?

A global movement is necessary to invest in new vaccine manufacturing methods, methods that can be quickly activated when a new virus appears, such as the current Coronavirus, and other viruses such as Zika, Ebola, and influenza.

Our current response to outbreaks is purely a reaction, that is, it begins after the outbreak has occurred, so we need a more effective method supported by ongoing funding.


What is Coronavirus?

What is Coronavirus

What is Coronavirus?

Coronavirus is one of the most common viruses that cause nasal infections, sinuses, and sore throats. In most cases, it is not a serious infection except for the two types are known as the Middle East respiratory syndrome (MERS) and atypical pneumonia, or what is known as Severe acute respiratory syndrome. Of the 475 people killed due to respiratory syndrome in the Middle East, which first appeared in 2012 in Saudi Arabia and then in other countries in the Middle East, Africa, Asia and Europe. However, since 2015, there have been no further reports of severe acute respiratory syndrome cases.

The origin of Coronavirus

Coronavirus, the cause of respiratory syndrome in the Middle East, is a zoonotic virus. This means that it is a virus that is transmitted between animals and people. Some studies have shown that infection with the virus started through direct or indirect contact with infected camels, and some believe that the virus initially originated in bats, and later moved to camels, then from camels to humans.

Coronavirus infection symptoms 

Coronavirus causes symptoms similar to the common cold. Symptoms are usually mild to moderate in intensity. Often, they are symptoms of the upper respiratory tract such as the runny nose, headache, cough, sore throat, and fever. These symptoms often last for a while Short of time, and this does not prevent the possibility of coronavirus sometimes causing lower respiratory diseases, such as pneumonia or bronchitis, and these infections are more common in people who suffer from cardiovascular disease. Class, people with a weak immune system, infants, and the elderly.

Coronavirus diseases

Respiratory syndrome in the Middle East. 
People with the respiratory syndrome in the Middle East suffer from symptoms of a common cold in general, like most cases of coronavirus infection, in addition to the possibility of some suffering from diarrhea, nausea, and vomiting. Kidney Failure), with 3 to 4 deaths among 10 people, and it is worth noting that patients with diabetes, cancer, chronic lung inflammation, heart disease, kidney disease and those with weakened immune systems are more likely to suffer from Fat syndrome, and more susceptible to the same syndrome. The incubation period of the SKV virus that causes respiratory syndrome in the Middle East is 5 or 6 days, but it can range from 2 to 14 days. Individuals infected with the respiratory syndrome that causes the Middle East respiratory syndrome often receive medical care to help relieve symptoms. In severe cases, treatment includes support for the functions of vital body systems.

Atypical pneumonia

Atypical pneumonia, or SARS, is a contagious, sometimes fatal, respiratory disease. SARS first appeared in China in 2002, and within a few months, SARS was spread throughout most of the world by travelers, and symptoms of chills include muscle pain, and diarrhea, and cold symptoms such as dry cough and shortness of breath may appear about a week after infection, and the condition can develop and cause complications such as pneumonia, respiratory failure, and heart and liver failure. The elderly, especially those who suffer from chronic diseases such as diabetes or hepatitis, are more likely to have serious complications.

Coronavirus spread methods

Coronavirus can be transmitted from the infected person to others through the following:
Air by coughing and sneezing. Personal contact like touching or shaking hands. Touching contaminated surfaces and then touching the mouth, nose, or eyes before washing hands. Fecal contamination, which is rare.

Corona infection prevention

There are currently no vaccines to protect against infection with the Coronavirus, but the risk of infection can be reduced by doing the following:
  • Wash your hands often with soap and water.
  • Avoid touching the eyes, nose, or mouth if the hands are washed.
  • Avoid close contact with people who are sick.
  • The affected person stays at home so that he does not spread the infection to others.
  • Cover your mouth and nose with a tissue when you cough or sneeze, then throw it in the trash and wash your hands.
  • Surface cleaning and disinfection. Follow hygiene measures, including washing hands regularly before and after touching animals, and avoid contact with sick animals.
  • Avoid consuming raw or uncooked animal products, including milk and meat, because consuming them increases the chance of infection, and for camel milk and meat it can be eaten but after pasteurization, cooking, or other thermal treatments.

Corona Virus Treatment

There are no specific treatments for diseases caused by the Coronavirus, and most people who suffer from a Coronavirus infection automatically recover. The following treatments may help relieve symptoms:
Use a room humidifier or hot shower to help relieve sore throats and coughs. Take pain and fever medication. Drink plenty of fluids. Stay home and rest.


What If the Coronavirus Continues to Spread

What If the Coronavirus Continues to Spread
Chinese officials said that the new Coronavirus, which infected nearly two thousand people, is transmitted from person to person during its incubation period, that is, before symptoms of the disease appear to those who carry the virus, making it more difficult to contain it.

What If the Coronavirus Continues to Spread

Fifty-six people have died so far from the virus, which is becoming increasingly capable of spreading, according to the Chinese Minister of Health Ma Xiaoyu.

Several Chinese cities imposed strict travel restrictions, and Wuhan was completely closed – it is the main focus of the virus.

Officials vowed to intensify their efforts to contain the virus and announced that it would ban the sale of all wild animals in China from Sunday.

Initially, it was believed that the virus was born among animals, but it has spread rapidly since it was transmitted to humans.

Officials believe that the incubation period, during which a person carries the virus but without showing symptoms, is between one and 14 days.

A person may not know that he has the infection because symptoms do not appear, but he is still able to spread the disease.

A few infections have been reported in other countries: Japan, Taiwan, Nepal, Thailand, Vietnam, Singapore, Australia, the United States, and France.

This is an important development in our understanding of the virus and the awareness of the time that China needs to stop its spread. Those infected with the deadly SARS virus that struck China, or the Ebola virus transmit the disease after its symptoms appear, so it is easy to reduce those epidemics by identifying and isolating the infected and monitoring all those who have contacted them.

As for flu, it is the most famous example of a virus spreading before a person knows he is sick with it.

However, we have not yet reached the stage where people say there is a global epidemic as was the case when the swine flu spread.

But stopping “disease spreaders with no symptoms” would be the most difficult task for the Chinese authorities.

There are still fundamental questions that need answers such as how able to spread the infection during the incubation period, and whether any patient outside China spread the disease to other countries before being diagnosed with the disease, and why did the Chinese National Health Committee say that the ability of this virus to transmit is getting stronger?

Scientists have warned that it may be impossible to contain the spread of the Coronavirus within China’s borders.

The London-based MRC Center for Infectious Diseases said that the transmission of the disease from human to human is the only reasonable explanation for the level of infection, estimating that each infected person can transmit the infection to at least two other people.

Scientists have praised China for its efforts to contain the virus but said there was a need to reduce its transmission rate by sixty percent in order to control it.

This came after Chinese President Xi Jinping warned of the “accelerating” spread of the virus and the country was facing a “dangerous situation” during a special government meeting coinciding with the Chinese New Year celebrations.
Health officials are struggling to contain the spread of the virus, while millions of Chinese travel to celebrate the Chinese New Year.

The authorities have taken preventive measures to prevent the spread of the disease and imposed travel restrictions on many cities affected by the virus.

The authorities decided to ban private cars from entering Wuhan, in the central region of China.

The government  reported that a second emergency hospital would be built within weeks to treat 1,300 new patients, and it would be completed within two weeks.

This is the second hospital to be built to treat virus victims after work has already started on another 1,000-bed hospital.

The authorities also hired the army to deal with the situation, and specialized military medical teams moved to Hubei Province, where Wuhan is located.

These measures reflect a state of concern both inside and outside China about the spread of the virus, which first appeared in December.

The lunar New Year celebrations of the Mouse Year, which started on Saturday in many Chinese cities, were canceled.

Travelers across China were checking temperatures for signs of a fever, and train stations in many cities were closed.

The authorities in Hong Kong declared a state of extreme emergency and extended school holidays.