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MGEX, a Designated Contract Market and Derivatives Clearing Organization, today announced it has received CFTC approval to expand its trading hours. Effective May 20, 2012, the trading hours will be from 5:00 p.m. to 2:00 p.m. Central Time (CT), Sunday to Friday.
“The revised 21 hour electronic trading day demonstrates MGEX’s commitment to the needs of our market participants who rely on the MGEX North American Spring Wheat contract for price discovery and risk management purposes,” Rita Maloney, Director Marketing & Communications, MGEX said.
Beginning Sunday, May 20, the expanded electronic trading hours for all MGEX futures and options contracts will be 5:00 p.m. to 2:00 p.m. CT, Sunday to Friday. Open outcry options trading hours are unchanged from 9:30 a.m. to 1:30 p.m. CT, Monday to Friday. Contract settlement period remains 1:14:00 p.m. to 1:14:59 p.m. CT.
For more information on MGEX and to learn more about our risk management products and services, visit www.mgex.com.
