Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
New CME Equity Index Hours as of November 18th 2012
New CME Equity Index Hours as of November 18th 2012
Big Mike
Manta, Ecuador
Site Administrator Developer Swing Trader
Experience: Advanced
Platform: Custom solution
Broker: IBKR
Trading: Stocks & Futures
Frequency: Every few days
Duration: Weeks
Posts: 50,485 since Jun 2009
Thanks Given: 33,255
Thanks Received: 101,689
Starting November 18, CME Globex Trading Day for Equity Index Products to End at 4:15 p.m. CT
Change to CME Globex trading hours will coordinate with switch to daily price limits for U.S. Equity Index Products
Settlement time will remain unchanged (3:15 p.m. CT)
Effective Sunday, November 18 (for first trade date Monday, November 19), the end of the CME Globex trading day for electronically traded equity index futures and options contracts will change from 3:15 p.m. CT to 4:15 p.m. CT. Settlement times will remain unchanged.
Under the revised hours:
· There will be a 15-minute halt in electronic trading from 3:15 p.m.to 3:30 p.m. CT.
· Trading for equity index contracts listed on CME Globex will resume at 3:30 p.m. CT for the same trade date for 45 minutes, closing at 4:15 p.m. CT. This includes Fridays, meaning that the end of trading week on CME Globex will also be changed to 4:15 p.m. CT.
· CME Globex trades that take place during the 3:30 p.m. - 4:15 p.m. time frame will be subject to the daily settlement prices calculated at 3:15 p.m. CT (i.e., settlement times will not change).
· Trading of equity index contracts on CME Globex will be closed from 4:15 p.m. - 5:00 p.m. CT.
· Trading re-opens at 5:00 p.m. on CME Globex (Sundays-Thursdays) for the new trade date.
I wonder if platforms like NT would jump in for a quick software upgrade to modify the market sessions for CME products, before this change is implemented.
Silvester17
Columbus, OH
Market Wizard
Experience: None
Platform: NT 8, TOS
Trading: ES
Posts: 3,603 since Aug 2009
Thanks Given: 5,139
Thanks Received: 11,527
great!
if I understand that right, then we'll have the same mess like with tf: 3 sessions.
1. session from 06:00 pm - 09:30 am next day
2. session from 09:30 am - 04:15 pm same day
3. session from 04:30 pm - 05:15 pm same day
this is all eastern time. sorry for not using local time.
really good news for mp users, now you can have 3 profiles per day.
that short 45 min session is going to take some time to get used to it.