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CBOT Resumes Electronic Trading On e-cbot Platform

Date 07/03/2005

The Chicago Board of Trade (CBOT) announced that electronic trading today on its e-cbot platform resumed at 12:30 p.m. Central Time, following a temporary suspension of trading on the system due to sporadic connectivity issues. Trading in the Exchange’s open auction markets was ongoing and unaffected by the trading suspension, and all markets will close at their regularly scheduled times.

CBOT Chief Operating Officer and Executive Vice President Bryan Durkin said, “Access to the e-cbot electronic trading system incurred intermittent connectivity issues this morning. As a result, it was determined that a temporary suspension of electronic trading was appropriate in order to maintain consistent and fair access for all market participants.”

Trading on the Exchange’s electronic platform initially was suspended at 9:20 a.m. and then briefly resumed at 11:10 a.m. Central Time. Due to recurring connectivity issues with certain trading firms, trading on the platform was suspended again at 11:30 a.m., with trade resuming at 12:30 p.m. Central Time.