New ICE grains in may

emg · May 17, 2012

http://www.reuters.com/article/2012/05/15/rjobrien-grain-trading-idUSL1E8GF4RX20120515

The real Liquidity and volatility begins on May 21, when CME extends the grain hours. In other words, who cares what the ICE grain futures does. It will be just another soft market.

Lack of liquidity

TraDaToR · May 17, 2012

http://www.reuters.com/article/2012/05/16/cme-grains-trading-idUSL1E8GGAMA20120516

TraDaToR · May 18, 2012

Effective this WE finally with a 2-5PM CT pause( crop reports will still be outside of CME hours).

heech · May 18, 2012

Quote from TraDaToR:

Effective this WE finally with a 2-5PM CT pause( crop reports will still be outside of CME hours).

?? The monthly/quarterly reports are released at 7:30 AM CT. How is that outside of CME hours?

I'm not being a smart-ass, just want to make sure I understand the CME's new hours.

TraDaToR · May 21, 2012

I was talking about monday crop progress( 3PM CT ), but it doesn't impact prices as much as other news...

TraDaToR · May 21, 2012

http://www.reuters.com/article/2012/05/20/us-markets-cbot-hours-idUSBRE84J02620120520

TraDaToR · May 23, 2012

http://www.reuters.com/article/2012/05/23/usa-agriculture-idUSL1E8GMD5020120523

TraDaToR · May 25, 2012

http://articles.chicagotribune.com/..._1_cme-continuous-21-hour-cycle-usda-releases

heech · May 25, 2012

Quote from TraDaToR:

http://articles.chicagotribune.com/..._1_cme-continuous-21-hour-cycle-usda-releases

"USDA releases the monthly and quarterly reports at 7:30 a.m. CDT (1230 GMT), so the earlier open would give pit traders 10 minutes to review the data before the start of trading."

Huh!? Either the reporter didn't understand this correctly... Or I didnt.

Does anyone know what this does to settlement? Pushed out to 12, presumably,?

TraDaToR · Jun 8, 2012

http://cmegroup.mediaroom.com/2012-...utm_campaign=Market+Data+Notices+June+4,+2012