CME: Schweine- und Agrarterminhandel bald 23 Stunden täglich
CME To Offer Around-The-Clock Trading Of Commodity Products On CME Globex
(07.03.07) - CME, the world's largest and most diverse financial exchange, announced today that products in the commodities complex will be offered for electronic trading virtually 24 hours a day on CME Globex(R) beginning June 4.
Futures on commodities, including lean hogs, frozen pork bellies, live cattle, feeder cattle, cash-settled butter, class III milk, dry whey and fertilizer will be available for trading beginning at 9:05 a.m. Chicago time Mondays through 1:30 p.m. Fridays with a daily 60-minute trading halt commencing at 4:00 p.m. These contracts are all offered currently on CME Globex during day-time trading hours in Chicago.
"This expansion of our electronic offerings of the CME commodities complex will enable our customers around the world to access our markets at times that work best for their schedules and their individual portfolio management strategies," said CME Executive Chairman Terry Duffy. "CME is a global marketplace and we are committed to meeting customers' risk management and trading needs whether they are located in Asia, Europe, Latin America or the United States."
"Last year we traded a record number of commodities contracts and electronic trading of CME Commodities has now reached 10 percent of the total daily commodities volume," said CME Chief Executive Officer Craig Donohue. "Around-the-clock access on CME Globex as well as trading through open outcry will allow CME to further increase liquidity, while offering customers more opportunities for price discovery and commercial hedging activity."
In 2006, open interest of CME Commodities reached 692,653 as global demand and interest in raw materials and foodstuffs has increased.
CME offers free real-time quotes for electronically traded live cattle, feeder cattle, lean hogs, class III milk and cash-settled butter. For more information on CME Commodities, please go to http://www.CME.com/commodities .
Pit Trading to End for Pork Bellies and Selected Products in Chicago
CHICAGO, Aug. 28 (Dow Jones) — The CME Group, created recently when Chicago’s big futures exchanges merged, said Tuesday that it was closing trading pits for pork bellies and other products as traders increase their focus on electronic platforms.
As part of their recent merger, the Chicago Mercantile Exchange and the Chicago Board of Trade plan to consolidate their trading floors and electronic-trading platforms and to shift more trading business to computer screens.
Starting in March, a handful of products that are floor-traded in limited amounts will move exclusively to CME’s Globex electronic platform. Those include agricultural products like frozen pork bellies futures and options, and cash dairy products.
Some financial products will also move to exclusive screen trading, including one-month Libor futures and Euroyen futures, and options on futures. Commodities leaving the pits include 100-ounce gold options, 5,000-ounce silver options and ethanol futures.
CME also said trading of all foreign exchange futures products would be consolidated into a single trading pit, while the trading of some foreign exchange products would move to Globex.
None of the moves affect the biggest products at CME, which are financial futures and options tied to United States interest rate expectations. Those are traded both electronically and on trading floors.
While some of the pits at issue have become sleepy, closing them represents a symbolic shift for the exchange and the culture of floor trading in Chicago. Pork bellies, for example, have been traded on the floor for 46 years.
http://www.nytimes.com/2007/08/29/business/29futures.html?_r=4&oref=slogin&oref=slogin&oref=slogin&oref=slogin