e-cbot Market Operations is responsible for all functions on a/c/e, including the opening and closing of all markets, monitoring the markets for abnormal market activity, and assisting members with questions through the help desk.
Mary McDonnell, CBOT® Vice President and Managing Director of the CBOT®-Eurex Alliance, said: "Relocating Market Operations enables the CBOT® to better monitor the electronic markets while providing enhanced customer service to our members and customers, especially during the day when our open outcry system and electronic platform trade simultaneously. We are grateful for the necessary on-the-job training Eurex provided our staff in Frankfurt over the past year and assistance in transitioning the group back to Chicago."
Since a/c/e's inception on August 28, 2001, more than 26 million CBOT® contracts have been traded on the system and average daily volume exceeds 136,200 contracts. Moreover, in the month of May the U.S. Treasury Bond futures trade hit 2,087,125 contracts, representing 34.7% of CBOT® a/c/e and open outcry volume; the Ten-year Treasury Note futures trade was 1,622,879 representing 29.6% of its total volume; and the Five-Year Treasury Note futures trade was 574,303 representing 17.8% of its total volume.
The operating hours on a/c/e are as follows: (Chicago Time)
- Financial products: 8:00 p.m. to 4:00 p.m.
- Agricultural products: 8:30 p.m. to 6:00 a.m.
- Metals and Dow: 8:15 p.m. to 4:00 p.m.
