News Column

CME Group to Conduct Industry Outreach on CME Livestock Hours

August 21, 2014



By a News Reporter-Staff News Editor at Agriculture Week -- CME Group, the world's leading and most diverse derivatives marketplace, announced it will begin the process of conducting broad outreach to customers, producer groups and other market participants to review existing CME livestock trading hours on CME Globex.

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"Livestock customers and industry participants have asked us to review the current electronic trading hours for our CME livestock products to ensure we are providing the most effective risk management and price discovery tools possible," said Tim Andriesen, Managing Director, Agricultural Commodities and Alternative Investments, CME Group. "This survey is part of our ongoing efforts to ensure our products continually reflect the changing needs of our customers and the market."

An online survey of CME Globex trading hours for CME Live Cattle, Feeder Cattle, and Lean Hog futures and options products will be made available to participants on CME Group's website from Wednesday, August 6 through Tuesday, August 19.

The CME Group survey is open to all CME livestock customers and market participants and can be found online at http://www.cmegroup.com/livestockhours.

As the world's leading and most diverse derivatives marketplace, CME Group (www.cmegroup.com) is where the world comes to manage risk. CME Group exchanges offer the widest range of global benchmark products across all major asset classes, including futures and options based on interest rates, equity indexes, foreign exchange, energy, agricultural commodities, metals, weather and real estate. CME Group brings buyers and sellers together through its CME Globex() electronic trading platform and its trading facilities in New York and Chicago. CME Group also operates CME Clearing, one of the world's leading central counterparty clearing providers, which offers clearing and settlement services across asset classes for exchange-traded contracts and over-the-counter derivatives transactions. These products and services ensure that businesses everywhere can substantially mitigate counterparty credit risk.

CME Group is a trademark of CME Group Inc. The Globe Logo, CME, Globex and Chicago Mercantile Exchange are trademarks of Chicago Mercantile Exchange Inc.CBOT and the Chicago Board of Trade are trademarks of the Board of Trade of the City of Chicago, Inc.NYMEX, New York Mercantile Exchange and ClearPort are registered trademarks of New York Mercantile Exchange, Inc. COMEX is a trademark of Commodity Exchange, Inc. KCBOT, KCBT and Kansas City Board of Trade are trademarks of The Board of Trade of Kansas City, Missouri, Inc. All other trademarks are the property of their respective owners. Further information about CME Group (NASDAQ: CME) and its products can be found at www.cmegroup.com.

Keywords for this news article include: CME Group, Livestock, Agricultural, Banking and Finance, Finance and Investment, Investment and Finance.

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Source: Agriculture Week


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