Agriculture News, Markets, Weather, Ag Talk, Farm Machinery | Agriculture.com
Reply
Senior Contributor
Posts: 1,016
Registered: ‎04-29-2010
0

CME Group expanded hours -- does it matter to you?

Just saw a short story on our news wire this morning about the CME Group's expanding trading hours and how they see it as a "defense mechanism" so they don't lose business to other trades. Here's the full story.

 

I know Marketeye has probably touched on this before, but is this the kind of thing that will matter much to you and how you conduct business on the board? 

Advisor
Posts: 1,267
Registered: ‎06-25-2010
0

Re: CME Group expanded hours -- does it matter to you?

Jeff,

 

I understand that the trading will be halted when a USDA report is going to be released and as a matter of fact my son and I saw the movie "TRADING PLACES" last night.  In one scene The Secretary of Agriculture appears on a  TV on the trading floor and all trading stops.  The Secretary reads the report and trading begins again.  My son asked me if that is what truly happens and I told him that was just to make the movie more interesting...........but this thing might be coming to a commodity screen near you.