is part of the Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

  • American Agriculturist
  • Beef Producer
  • Corn and Soybean Digest
  • Dakota Farmer
  • Delta Farm Press
  • Farm Futures
  • Farm Industry news
  • Indiana Prairie Farmer
  • Kansas Farmer
  • Michigan Farmer
  • Missouri Ruralist
  • Nebraska Farmer
  • Ohio Farmer
  • Prairie Farmer
  • Southeast Farm Press
  • Southwest Farm Press
  • The Farmer
  • Wallaces Farmer
  • Western Farm Press
  • Western Farmer Stockman
  • Wisconsin Agriculturist
KCBT Eliminates Early Opening Floor Times

KCBT Eliminates Early Opening Floor Times

Change will be effective Jan. 1, 2013

The Kansas City Board of Trade announced Thursday its submission with the CFTC to eliminate the early start time of open outcry trading for the KCBT's flagship hard red winter wheat futures and options contracts on USDA report release dates effective Jan.1, 2013. Open outcry trading will open at 9:30 a.m. CT on these days, as it does on all other trading days (Monday-Friday).

New floor times will become effective Jan. 1, 2013

Beginning on June 12, 2012, open outcry sessions opened at 7:20 a.m. CT on USDA report release dates with USDA reports being released at 7:30 a.m. CT. This change was made because KCBT electronic trading was available during the USDA release time. However, on Sept. 19, the USDA announced that key statistical reports would be released at 11:00 a.m. CT beginning in January 2013, rendering the earlier open outcry opening time unnecessary. Therefore, the open outcry opening time will return to the later 9:30 a.m. CT time.

Wheat futures and wheat options electronic trading hours (Sunday through Friday) are 5:00 pm to 2:00 pm CT for Hard Red Winter Wheat futures and options.

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish