CME To Expand Hours Of Globex Electronic Trade Sep 29

Discussion in 'Index Futures' started by josbarr, Aug 18, 2003.

  1. josbarr


    CHICAGO (Dow Jones)--The Chicago Mercantile Exchange Inc. (CME) announced it
    will revise the trading hours on its Globex electronic trading platform
    beginning Monday, Sept. 29. The new schedule will add 45 minutes per day to
    stock-index and weather trading and 30 minutes per day to interest-rate and
    foreign-exchange trading.

    The new schedule will expand the hours of Globex trading of stock index
    products by reducing the time between the afternoon market close and the start
    of Globex trading to 15 minutes from 30 minutes. Also, for stock indexes, the
    new schedule will reduce the nightly shutdown period for computer maintenance
    to 30 minutes from one hour.

    For interest-rate and foreign-exchange products, the new schedule will add a
    half-hour of trading daily by combining the system maintenance with the
    markets' regular close at 5 p.m. EDT (2100 GMT), and those markets will reopen
    at 6 p.m. (2200 GMT).
  2. Bsulli


  3. WOW, can it get any more confusing?