The CME Group has issued the following announcement:
Beginning May 14, 2012, customers around the world will have more access to the deep, liquid CBOT Grain and Oilseed contracts when CME Globex trading hours for these products are extended to 22 hours per day. With the growth in electronic volume in CBOT Corn, Wheat, Soybean, Soybean Oil, Soybean Meal, Oats and Rough Rice futures and options, market participants have expressed interest in having greater access to these key agricultural markets. Current CME Globex hours for Grains and Oilseeds are 6:00 p.m. - 7:15 a.m. and 9:30 a.m. - 1:15 pm. CT, Sunday through Friday.
New CME Globex Trading Hours for Grains and Oilseeds:
Sunday to Monday, 5:00 p.m. to 4:00 p.m. CT
Monday to Friday, 6:00 p.m. to 4:00 p.m. CT.
These expanded electronic trading hours will provide additional time to manage risk in grains and oilseeds, and offer access to our open and transparent markets during important economic events.
- New hours also apply to Mini-sized Grain futures contracts
- Also includes Calendar Spread Options (CSOs), Wheat-Corn Spread Options, Soybean-Corn Price Ratio Options
- Although markets trade until 4:00 p.m. CT, daily settlements will continue to be based on the 1:15 p.m. CT close each day
- Futures and option contract expiration times will not change