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Agricultural News
KCBT Revises Modifications to HRW Wheat Futures & Options Electronic Trading Hours
Thu, 17 May 2012 13:05:08 CDT
The Kansas City Board of Trade announces a modification to the previously announced expansion of electronic trading hours for the KCBT's flagship hard red winter wheat futures and options contracts.
In coordination with the CME Group®, the KCBT has withdrawn its earlier submission with the CFTC for extended trading hours and filed a new rule submission setting forth daily (Sunday through Friday) extended electronic trading hours of 5:00 pm to 2:00 pm CT for Hard Red Winter Wheat futures and options.
The effective date of the new extended trading hours will be coordinated with and announced by CME Group®.
Daily settlements will continue to be based on the 1:15 p.m. CT close each day.
Wheat futures and wheat options will continue to trade by open outcry from 9:30 a.m. to 1:15 p.m. CT Monday through Friday.
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