05-15-2012 09:00 AM
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?
05-16-2012 06:19 AM
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.