So why did the ES/emini trade past 4:15pm EST this past Friday 11/30/2012? It closed at 4:15pm reopened at 4:30pm and closed for the weekend at 5:15pm. Normal for a weekday but not a Friday. Usually 4:15pm on Friday is the end of the week. Closed at 4:15 on 11/9 and 11/16. Why the difference on the 30th? Cheers
Equity Index Later Close for CME Globex Trading Day, Daily Price Limits: Starting November 18, CME Globex Trading Day for Equity Index Products to End at 4:15 p.m. CT - Change to CME Globex trading hours will coordinate with switch to daily price limits for U.S. Equity Index Products - Settlement time will remain unchanged (3:15 p.m. CT) Effective Sunday, November 18 (for first trade date Monday, November 19), the end of the CME Globex trading day for electronically traded equity index futures and options contracts will change from 3:15 p.m. CT to 4:15 p.m. CT. Settlement times will remain unchanged. Under the revised hours: - There will be a 15-minute halt in electronic trading from 3:15 p.m.to 3:30 p.m. CT. - Trading for equity index contracts listed on CME Globex will resume at 3:30 p.m. CT for the same trade date for 45 minutes, closing at 4:15 p.m. CT. This includes Fridays, meaning that the end of trading week on CME Globex will also be changed to 4:15 p.m. CT. - CME Globex trades that take place during the 3:30 p.m. - 4:15 p.m. time frame will be subject to the daily settlement prices calculated at 3:15 p.m. CT (i.e., settlement times will not change). - Trading of equity index contracts on CME Globex will be closed from 4:15 p.m. - 5:00 p.m. CT. - Trading re-opens at 5:00 p.m. on CME Globex (Sundays-Thursdays) for the new trade date. -------------------------------------------------------------------------------- New Trading Hours for CME Group Equity Index Products Summary - Starting Today | November 18, 2012 15-minute Trading Halt on CME Globex - 3:15 p.m. - 3:30 p.m. Trading on CME Globex resumes for SAME TRADE DATE - 3:30 p.m. - 4:15 p.m. Close of CME Globex trading for trade date - 4:15 p.m. - 5:00 p.m. Market Re-Opens and Trades until the next days 15-minute Trading Halt at 3:15 p.m.
totally illogical and totally insane. it screwed up all my charting formats. why can't the globex simply settle the same time as outcry, then keep trading in new "date"???