• Amendments to CME Globex Trading Hours for Random Length Lumber Futures and Options Contracts

      • To
      • Members, Member Firms and Market Users
      • From
      • Research and Product Development
      • #
      • SER-7099
      • Notice Date
      • 29 May 2014
      • Effective Date
      • 16 June 2014
    • Effective Monday, June 16, 2014 and pending all relevant CFTC regulatory review periods, the Chicago Mercantile Exchange Inc. (CME or Exchange) will amend the hours of trading on CME Globex for the following products as follows:     

      Contract Name                                                 Rulebook         Commodity
                                                                               Chapter              Code  

      Random Length Lumber Futures                               201                   LBS
      Options on Random Length Lumber Futures            201A                 LBS

       

      Current Trading Hours

      Random Length Lumber Futures and Options

       Trading Hours as of June 16, 2014

      Random Length Lumber Futures and Options

      Globex:

      Futures and options

      Monday 9:00 a.m. opening Central Time (CT)

      Daily trading halts Monday-Thursday at 4:00 p.m. - 5:00 p.m. CT

      Trading restarts at 5:00 pm CT and trades until 4:00 p.m. CT the next day (Monday-Thursday)

       

      Friday 1:55 p.m. CT Close

      Globex: 

      Futures and options

      Monday 9:00 a.m. opening Central Time (CT)

      Daily trading halts Monday-Thursday at 4:00 p.m. - 5:00 p.m. CT

      Trading restarts at 5:00 p.m. CT and continues until 9:00 p.m. CT Monday -Thursday.  At 9:00 p.m. CT on Monday-Thursday the markets halt and re-open at 9:00 a.m. CT the next morning.

      Friday 1:55 p.m. CT  Close

       

       

       

      These contracts will continue to be available for trading on the CME trading floor and available for submission for clearing via CME ClearPort.

      Questions regarding this Special Executive Report may be directed to Tom Clark, Director, Agricultural Business Line Management, 312-930-4595, Thomas.Clark@cmegroup.com or Jack Cook, Director, Commodity Research & Product Development, at 312-930-3295.