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Agricultural News


KCBT Changes HRW, Wheat Futures and Options Open Outcry Trading Hours

Fri, 08 Jun 2012 13:30:02 CDT

KCBT Changes HRW, Wheat Futures and Options Open Outcry Trading Hours      
The Kansas City Board of Trade has filed a submission with the CFTC to extend open outcry trading hours for the KCBT's flagship hard red winter wheat futures and options contracts.

The Monday through Friday open outcry sessions will close at 2:00 p.m. CT., the same time that electronic trading closes. Daily settlements will be based on the 2:00 p.m. close. Currently the open outcry market closes at 1:15 p.m. The changes are effective with the June 25 business date.

The Monday through Friday open outcry sessions will continue to open at 9:30 a.m. CT on most days, with the exception of USDA report release dates, when the market will open at 7:20 a.m. CT (effective business date June 12, the next release date).

Wheat futures and wheat options electronic trading hours (Sunday through Friday) are 5:00 pm to 2:00 pm CT for Hard Red Winter Wheat futures and options.


   

 

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