CME to close open-outcry pits an hour early
The Chicago Mercantile Exchange (CME) will close pit trading in open-outcry interest rate products, including its flagship Eurodollar futures contract, an hour earlier – at 1pm – than normal as a result of the power cuts in the New York region, the exchange said.
Electronic trading of Eurodollars and other interest rate products on the CME’s Globex electronic trading platform will continue until the regular time of 4pm. All other CME markets are operating according to their regular schedules, said the CME.
The Chicago Board of Trade said it has no plans to delay trading in any products.
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