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More info on new trading hours.
Kind Regards,
Kim Havmann
E-Mail: Havmann@xxxxxxxxxx
I thought this news release would be of interest to all of the S&P traders on the list. It can be found on the CME's web site. I guess it will be time to edit the symbol universe this weekend. This must have been done to counter the CBOT opening Dow futures at 8:15 am CST.
Chris Ridder
Merc To Expand Open Outcry Trading Hours For Equity Products
Oct. 1, 1997-The Chicago Mercantile Exchange (CME) has received approval to begin trading its equity index products for open outcry trading 15 minutes earlier each day, at 8:15 a.m. (Central time), effective on Monday, Oct. 6. Overnight trading on the GLOBEX(r) electronic system also will be adjusted to close earlier, at 8 a.m.
The contracts affected include the S&P 500, S&P 500/BARRA Growth and Value, S&P MidCap 400, Russell 2000, Nasdaq 100, MMI, and Mexican IPC futures and options.
For S&P 500 E-mini futures, those traded as All-Or-None via open outcry (i.e. orders for more than 30 contracts) would also begin trading at 8:15 a.m. Regular E-mini futures-orders for fewer than 31 contracts-will trade their normal hours on GLOBEX, from 3:30 p.m. through 3:15 p.m. the following day.
Opening times for Nikkei 225 and GSCITM/SM futures and options would remain unchanged, at 8:00 a.m. and 8:15 a.m., respectively.
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