Cbot Trading Floor Closing

After a survey of 4 000 producers commercial customers traders and other industry participants the exchange has proposed to the cftc that trading in cbot grain and oilseed and kcbt markets be reduced from the current 21 hours both on the floor and via its cme globex electronic trading.

Cbot trading floor closing. Monday january 20 2020. After working as a runner and clerk on the trading floor he was a. Date and time on which noted cme group trading closes early date on which the chicago trading floor is closed. The pit is a raised octagonal structure where open outcry trading takes place.

One of the last vestiges of the swashbuckling era of commodities floor trading is fading away. Central time unless otherwise stated. Operating during regular trading hours rth the cbot trading floor contains many such pits. Tim boyle bloomberg cme group inc.

Day monday jan 20. After the cbot and cme merged in 2007 they combined trading floors at that location closing cme s pits on wacker drive. The steps up on the outside of the octagon and the steps down on the inside give the pit something of the appearance of an amphitheater and allow hundreds of traders to see and hear each other during trading hours. Said it can t guarantee the safety of workers using its.

On tuesday the cme group announced proposed changes to its trading hours for grains and oilseed products. Friday 5 45 p m. Cme closing trading floors indefinitely amid coronavirus concerns the futures operator is taking the step as a precaution against the spread of covid 19. These snapshots are updated continuously during market hours and are delayed the minimum time required by each exchange as few as 10 minutes.

Tuesday december 31 2019 foreign exchange interest rates floor options close at 12 00 ct. Ct with no reporting monday thursday 5 45 p m. New year s day 2020 wednesday jan 1. Trading hours are in u s.

Traders close out business on the floor of cme s chicago board of trade in 2013.