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CME Announces Trading Schedule For September 11, Plans Minutes Of Silence, Delayed Opening For Stock Indexes

Date 22/08/2002

Chicago Mercantile Exchange Inc. (CME) has announced that on Sept. 11 the exchange will observe minutes of silence on its trading floors at 7:46 a.m. (Central time) and 9:29 a.m. and will delay the opening of stock index trading until 10 a.m. In addition, foreign exchange and interest rate markets will close one hour early, at 1 p.m.

Market participants trading on CME's GLOBEX® electronic trading platform are encouraged to observe voluntary minutes of silence (no GLOBEX activity) at 7:46 a.m. and 9:29 a.m. (See table below for specific product hours on GLOBEX.)

The revised trading hours are in observance of the first anniversary of the events of Sept. 11, 2001, and are coordinated with that day's trading hours on the New York Stock Exchange and other markets related to CME's products.

The following table provides details of CME's trading hours on Sept. 11:

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Foreign Exchange & Interest Rate Products

Open at normal time of 7:20 a.m. Observe minutes of silence on trading floor at 7:46 a.m. and 9:29 a.m. (GLOBEX® market participants are encouraged to observe voluntary minutes of silence at 7:46 a.m. and 9:29 a.m.) Trading floor markets close at 1 p.m. GLOBEX hours for these products are unchanged.

Stock Index Products

GLOBEX trading will halt at 8:15 a.m. (GLOBEX market participants are encouraged to observe a voluntary minute of silence at 7:46 a.m.) All stock index products will open at 10 a.m. (GLOBEX and open outcry trading) and will close at their normal times.

Commodity Products & GSCI

Open at their normal times, except for NYMEX e-miNY energy contracts, which open at 10 a.m. Observe a minute of silence on trading floor at 9:29 a.m. (GLOBEX market participants are encouraged to observe a voluntary minute of silence at 9:29 a.m.)

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