Grain News


MGEX Announces New Trading Hours

Date Posted: March 5, 2013

Minneapolis—MGEX, a Designated Contract Market (DCM) and Derivatives Clearing Organization (DCO), announced March 5 new trading hours for futures and options contracts in the Hard Red Spring Wheat (HRSW) and Index contracts beginning with the Monday, April 8, 2013 trade date, pending CFTC review.

The new trading hours for HRSW are as follows:

• Sunday to Friday, electronic trading from 7:00 p.m. to 7:45 a.m. CT;

• Monday to Friday, break in electronic trading from 7:45 a.m. to 8:30 a.m. CT;

• Monday to Friday, electronic trading and open outcry options from 8:30 a.m. to 1:30 p.m. CT.

The contract settlement period for HRSW will be 1:14:00 p.m. to 1:14:59 p.m. CT.

The new trading hours for all Index contracts will be Sunday to Friday, 7:00 p.m. to 1:45 p.m. CT.

Additionally, the cash market hours at MGEX become 9:30 a.m. to 1:30 p.m. CT Monday through Friday.

Trading hours for the Apple Juice Concentrate (AJC) contract remain unchanged from Monday to Friday, 7:00 a.m. to 1:10 p.m. CT.

More information on all MGEX products and services can be found at www.mgex.com.

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