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CME To Observe Two-Minute Silence On Trading Floor For Veterans Day, Monday, Nov. 11

Date 08/11/2002

Chicago Mercantile Exchange Inc. (CME) will observe two minutes of silence on its trading floor in observance of Veterans Day, Monday, Nov. 11, from 10:00 a.m. until 10:02 a.m.(Central time). CME's stock index and commodity markets will participate in the observance; interest rates and currencies are closed for floor trading on Monday.

Market participants trading on CME's GLOBEX® electronic trading platform are encouraged to observe a voluntary two-minute silence (no GLOBEX activity) at 10:00 a.m. in coordination with the observance on CME's trading floor.

The two-minute silence is also being coordinated with an observance on the floor of the New York Stock Exchange (NYSE). Trading hours on CME for all products will be as follows:

Friday, Nov. 8 All interest rate and foreign exchange futures and options on futures close at noon (Central time) for pit trading and at 3:15 p.m. for GLOBEXâ electronic trading.  Equity, commodity and GSCI®, products close at their regularly scheduled times for pit and GLOBEX electronic trading.
Sunday, Nov. 10 All GLOBEX products open at their regularly scheduled time ( 5:30 p.m. Central time) for the trade date of Nov. 11.
Monday, Nov. 11 All pit-traded interest rate and foreign exchange products will be closed.  Interest rate and foreign exchange products traded on GLOBEX will close at 3:15 p.m.   Equity, commodity and GSCI products will observe regular trading hours for pit trading and GLOBEX electronic trading.  Regular open for GLOBEX for the trade date of Nov. 12.

Chicago Mercantile Exchange Inc. (www.cme.com) is the largest futures exchange in the United States and the second largest exchange in the world for the trading of futures and options on futures. As an international marketplace, CME brings together buyers and sellers on its trading floors and virtually around the clock on its GLOBEX electronic trading platform. CME offers futures contracts and options on futures primarily in four product areas: interest rates, stock indexes, foreign exchange and commodities. The exchange moves about $1.7 billion per day in settlement payments and manages $27.7 billion in collateral deposits. CME is a wholly owned subsidiary of Chicago Mercantile Exchange Holdings Inc.