Big Board trading floor not closing: NYSE boss

NYSE Wall Street

NYSE President Tom Farley tells CNBC there's no truth to reports about a sale of the exchange or closing down the trading floor.

"We are continuing to improve the business, but the floor is a very important part of it," he said in a " Squawk Box " interview from the World Economic Forum in Davos, Switzerland.

Asked where the New York Post got its story, Farley said, "Bad reporting."

The Post reported last month that signs pointed to a sale of the NYSE by Intercontinental Exchange and the possible closure of the Big Board's trading floor.

The newspaper did not immediately respond to a CNBC request for comment.

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