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Strategies & Market Trends : The Final Frontier - Online Remote Trading
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To: TFF who started this subject8/18/2003 3:14:54 PM
From: TFF  Read Replies (1) of 12617
 
CME To Expand Hours Of Globex Electronic Trade Sep 29
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).

cme.com
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