Oil Futures (QM) Trading Down?

Discussion in 'Energy Futures' started by EricP, Sep 9, 2005.

  1. EricP

    EricP

    Is there a problem with the QM trading today? QM trading shuts down between 9:30 AM until 10 AM EST every day. Today, it never came back up at 10 AM. Anyone notice this and/or hear of a reason for it?

    Thanks.
     
  2. same problem here

    I'm readly to close a trade for a profit and can't.

    very frustrating
     
  3. check the nymex web site - they issued a memo about it...
     
  4. EricP

    EricP

    CNBC: Oil trading halted until 11 AM EST in observance of 9/11 anniversary.
     
  5. Observance of 911's fallen - phased stoppages throughout the morning to conincide with planes hitting the buildings and the buildings collapsing. 30 minute delay at the end...
     
  6. zxcv1fu

    zxcv1fu

    according to CNBC:
    oil halted until 11 am to observe 911.

    Why don't they halt everything?
     
  7. wn_leader

    wn_leader

    I can't find anything on the NYMEX website either, but TradeStation sent the following out to their clients:

    "Please be aware all trading in NYMEX and GLOBEX Energy contracts is halted until 11:00 pm ET due to the 9/11 observance."

    Nice of them to let us know at the last minute.
     
  8. thanks...
     
  9. News Releases — 2005



    Contact: Anu Ahluwalia, 212-299-2439 or Guy Taylor (New York Board of Trade), 212-748-4103
    Title: NY Commodity Exchanges Announce WTC Commemoration Plans

    NEW YORK, NY, September 2, 2005 — The New York Mercantile Exchange and the New York Board of Trade® (NYBOT®) today announced their World Trade Center commemoration plans for Friday, September 9.

    The New York Mercantile Exchange metals futures and options markets and the New York Board of Trade Coffee "C"®, Sugar No. 14SM, ethanol, cocoa, Frozen Concentrated Orange Juice (FCOJ), pulp, and financial markets will open on time, and Sugar No. 11SM will have a delayed opening until 9:05 AM. Both exchanges will then observe moments of silence at 8:46 AM, 9:03 AM, 9:59 AM, and 10:29 AM, marking the times that each building was hit by a plane and that each of them collapsed. The markets will remain closed for an additional 30 minutes after the final minute of silence, in memory of each of the former members, staff and clerks affiliated with the two exchanges who died that day, and will reopen at 11:00 AM. Trading and clearing on the New York Mercantile Exchange electronic systems will be closed during the same periods.

    Open outcry trading in the New York Mercantile Exchange energy futures and options markets and the New York Board of Trade Cotton No. 2SM and Sugar No. 11 futures and options markets will not open at their regular times, but instead will have a delayed openings, energy at 11:00 AM, cotton pre–open at 11:00 AM (with the opening at 11:05 AM).


    The individuals who will be memorialized include: