CME to expand dairy trading hours

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Chicago Mercantile Exchange (CME) Group has announced the expansion of electronic trading hours for CME Dairy futures and options scheduled to begin on Sunday, Nov. 15, at 5:00 p.m. Central time. Daily electronic trading hours will remain continuous through Friday at 1:55 p.m. with daily trading halts from 4:00 p.m. to 5:00 p.m.

These contracts are listed with, and subject to, the rules and regulations of CME.

Currently dairy products begin trading at 9:05 a.m. on Mondays on CME Globex.  The additional trading hours are being added at the request of customers outside of the United States.

The new Sunday evening hours apply for trading of futures and options on Cash-Settled Butter, Class III Milk, Class IV Milk, Nonfat Milk, Deliverable Nonfat Dry Milk and Dry Whey.

Source: Chicago Mercantile Exchange



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