Comments for November 25, 2011
Looking ahead to Friday by reflecting back on Thursday’s trading
Futures and options trading is speculative in nature and involves substantial risk of loss. Futures and options trading is not suitable for all investors
Friday, November 25, POST-THANKSGIVING HOLIDAY TRADING HOURS
All futures contracts close early today. The NYSE closes at Noon and the cash bond market closes at 1:00 pm. All times shown are Chicago (Central) time.
Note: CME Group Globex Day/session orders entered on Wednesday after 1700 CT for fx & interest rate products and after 1530 CT for equity products are for trade date Friday, Nov 25 and will continue working until Friday’s close.
Friday, November 25, 2011
CME Group/CME & CBOT: Early trading floor & Globex closes. Commodity products close at Noon for trading floor session. Livestock closes on Globex at 12:30. CBOT grains close on Globex at Noon (but CBOT grain options close 12:02 & mini-grains close at 12:30). Trading floor session for Dairy closed. Currency & Interest rate products close at Noon for trading floor session and 12:15 on Globex. Equities close at 12:15 for both trading floor and Globex.
MGEX & KCBOT: KCBT wheat futures on Globex close at Noon. MGEX wheat on Globex close at 12:15 pm.
CME Group/NYMEX & COMEX: Early close for both trading floor & Globex sessions. Energies closes at 12:30 pm for both trading floor & Globex sessions. Product specific early closings for COMEX products for trading floor & Globex sessions.
ICE Futures U.S.: Softs early close (11:45 am for open outcry; Noon for electronic). Dollar Index early close (Noon for open outcry, 12:15 pm for electronic). Stock index products early close (12:15 pm for both open outcry & electronic).
NYSE Liffe U.S.: Early close 12:45 pm for mini-gold & silver.
Trades made on November 24 are for Trade Date Nov. 25. All times shown are Chicago (Central) time.
Rick Alexander has been a broker and analyst in the futures business for over thirty years. He is a Vice-President for Sales and Trading at the Zaner Group (www.zaner.com) a Chicago-based futures brokerage firm. Email Rick at ralexander@zaner.com or call toll-free (888) 281-4158.
Futures and options trading is speculative in nature and involves substantial risk of loss. Futures and options trading is not suitable for all investors. The information in this Report and the opinions expressed are subject to change without notice. All known news and events have already been factored into the price of the underlying commodities discussed.