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CME Group announces expanded grain trading hours
The move will match the new ICE grain contracts, which are scheduled to debut May 14.
Compiled by staff
Published: May 1, 2012
CME Group today announced it will expand electronic trading hours in its CBOT grain and oilseed futures and options beginning Monday, May 14, 2012. This will expand market access to CBOT Corn, Soybeans, Wheat, Soybean Meal, Soybean Oil, Oats and Rough Rice futures and options on CME Globex to 22 hours per day.
"As we've grown our customer base in agricultural commodities around the globe, we've received increased interest in expanding market access by providing longer trading hours," said Tim Andriesen, Managing Director, Agricultural Commodities and Alternative Investments, CME Group.
Beginning, May 13 for trade date May 14, customers will have expanded access to CBOT corn, soybeans, wheat, soybean meal and soybean oil futures and options on CME Globex as follows:
Sunday to Monday, 5:00 p.m. to 4:00 p.m. CT
Monday to Friday, 6:00 p.m. to 4:00 p.m. CT.
Open-outcry pit trading hours will continue to operate from 9:30 a.m. to 1:15 p.m. CT Monday to Friday.
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