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As previously announced, The Kansas City Board of Trade Board of Directors has approved the addition of side-by-side trading in the hard red winter wheat options contract. A second daily electronic trading session will be added to mirror the open outcry trading hours of 9:30 a.m. to 1:15 p.m. Monday through Friday. This new daytime electronic session is in addition to the current after-hours trading session from 6:00 p.m. to 6:00 a.m. Sunday through Friday.
Trading Hours:
Beginning April 14, 2008, KCBT hard red winter wheat options will be available for trading on CME Globex® with the ticker OKE from 6:00 p.m. to 6:00 a.m. and 9:30 a.m. to 1:15 p.m. (Central Time). The open outcry market will remain unchanged and trade from 9:30 a.m. to 1:15 p.m. Monday through Friday.
Clearing Symbol:
The symbol for electronic KCBT wheat options at the KCBT Clearing Corporation is EC and EP for calls and puts, respectively.
Platform Information:
If you wish to familiarize yourself with the order types and market states for options on CME Globex, please refer to the CME Globex Reference Guide.
Options give a buyer the right, but not the obligation, to buy or sell a KCBT wheat futures contract at a specified price.
The Kansas City Board of Trade, founded in 1856, is the world's largest futures market for hard red winter wheat. Daily quotes, market commentary, historical data and charting services are available on our website at www.kcbt.com.
