Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

US Financial Markets’ Closing Decisions To Honor President Ford

Date 29/12/2006

The Securities Industry and Financial Markets Association today provided the following available schedules describing how various financial institutions planned to honor former U.S. President Gerald Ford.  Other institutions (boards, exchanges) were still pending at the time of this release.

 

NYSE                                                                                                         Closed full day

NASDAQ                                                                                                   Closed full day

U.S. dollar-denominated fixed-income securities in the U.S.      Close 2:00 p.m. EST

CBOT                                                                                                        (see below)

Agricultural Products
Open auction trading of CBOT Agricultural products will be closed.

Trading of Agricultural products on the CBOT electronic trading platform will open at 6:30 p.m. on Monday, January 1, 2007.  They will close at the normal time of 6:00 a.m. on Tuesday, January 2.  Thereafter, electronic trading of Agricultural products will be closed.

Interest Rate Products
Open auction trading of Interest Rate products will open, as usual, at 7:20 a.m. and will close early at noon.

Electronic trading of Interest Rate products will open as usual at 6:00 p.m. on Monday, January 1, 2007 and will close at 12:15 p.m. on January 2.

Equity Index and Metals Products
Open auction trading will be closed.

Electronic trading of Equity Index products and Metals products will open as usual at 6:15 p.m. on Monday, January 1, 2007.  All trading in Equity products and Metals products will close early at 8:15 a.m. on January 2. 

Dow Jones AIG Index Products
Electronic trading of Dow Jones AIG Index products will be closed.

Regular CBOT trading hours will resume for Wednesday, January 3, 2007.

http://www.cbot.com/cbot/pub/cont_detail/0,3206,1036+45202,00.html

 

Commercial banks                                                                                 Individual discretion

DTCC                                                                                                          Open full day

Options Clearing Corp.                                                                           Open full day

Clearing banks                                                                                        Open full day

Federal Reserve Banks and Fedwire system                                   Open full day

Options Exchanges  (AMEX, CBOE, ISE, NYSE ARCA, PHLX, BOX)  Closed full day

Philadelphia Stock Exchange                                                                 Closed full day

Boston Stock Exchange                                                                          Closed full day

NYMEX                                                                                                     (see below)

NYMEX and COMEX Division trading floors will be closed on Tuesday, January 2, 2007.

Electronic trading of all NYMEX and COMEX Division products through CME Globex® will be available as a risk management service to global energy and metals customer base from 6:00 PM, Monday, January 1, 2007 until 5:15PM, Tuesday, January 2, 2007. NYMEX ClearPort® will also be available for trading and clearing of energy products and NYMEX SoftsTM products.

http://www.nymex.com/press_releas.aspx?id=pr20061229a

NYBOT                                                                                                      (see below)

The New York Board of Trade® (NYBOT®), the world’s leading “soft” commodity exchange, announced today that the Exchange will suspend trading in all of its markets except the currencies, U.S. Dollar Index (USDX®) and FINEX® Euro Index on Tuesday, January 2nd to mark the passing of President Gerald Ford.  NYBOT’s Currency markets will be open on Tuesday until 1 pm (NY Time).  The Exchange will remain open for all other business.

This closing does not include NYBOT’s trading facility in Dublin, Ireland.  The evening FINEX trading session will not be held on Monday, January 1.  The Exchange will open its markets beginning with the FINEX Evening Session on Tuesday, January 2 (7:00 pm – 10:00 pm NY Time).  All remaining markets will reopen for regular trading on Wednesday, January 3.

Additionally, the Last Trading Day for the Frozen Concentrated Orange Juice (FCOJ-B) contract will be moved to Wednesday, January 3.

http://www.nybot.com

CME                                                                                                          (see below)

Closing all Commodity and Equity Index markets on Tuesday, January 2, 2007.

Foreign Exchange and Interest Rate markets will remain open until Noon Central Time on Tuesday, January 2.

All products trading on CME Globex®, the exchange's electronic trading platform, will reopen at their regularly scheduled time Tuesday, January 2 for a trade date of Wednesday, January 3, 2007.        

http://cme.mediaroom.com/index.php?s=press_releases&item=251