Big Board trading floor not closing: NYSE boss

Are markets fair enough?

NYSE President Tom Farley told CNBC on Friday 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.

Sign Up for Our Newsletter Morning Squawk

CNBC's before the bell news roundup
Get this delivered to your inbox, and more info about about our products and services.
By signing up for newsletters, you are agreeing to our Terms of Use and Privacy Policy.