CME Group to Conduct Industry Outreach on Expanded CBOT Grain and Oilseed Hours
Date Posted: January 22, 2013
Chicago—CME Group, the world’s leading and most diverse derivatives marketplace, announced Jan. 22 it will begin the process of conducting outreach to customers, producer groups and other market participants on expanded CBOT grain and oilseed trading hours.
“We’ve received significant customer feedback about the extended hours we implemented for CBOT grains last summer,” said Tim Andriesen, Managing Director, Agricultural Commodities and Alternative Investments, CME Group.
“As we start a new year, we think the timing is right to review those changes and industry feedback more formally to ensure we’re continually meeting our customers’ needs.
"Beyond hours, we continue to explore other suggestions from our customers on ways to enhance our products and markets.”
CME Group will engage participants on CBOT grain and oilseed trading hours, which were expanded to 21 hours per day in May of 2012, through one-on-one conversations, customer focus groups and an online survey.
The survey will be made available to participants on CME Group’s website from Tuesday, January 22 through Thursday, January 31.
The CME Group survey is open to all CBOT grain and oilseed customers and market participants and can be found online at www.cmegroup.com/agsurvey.