CME eliminating 15 min break

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Updated June 29, 2021

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tr8er with 3 posts (5 thanks)
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CME eliminating 15 min break

June 28th, 2021, 12:08 PM

#1 (permalink)

FuturesTrader71

Posts: 392 since Feb 2012

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Hello Traders,

You should know that starting today (June 28th, 2021), the CME and CBOT will eliminate the 3:15 p.m. – 3:30 p.m. Central Time (CT) trading halt on CME Globex which currently exists for certain Equity futures and options contracts.

This means that the session will run all the way through to 4 PM CT session close. This might take some traders by surprise.

Here's the notice: SER

Here's a screenshot of it:

Risk Disclaimer: Trading Futures is not suitable for all investors. Past Performance is not indicative of future results.

If you have any questions about the products or services provided, please send me a Private Message or use the futures.io " Ask Me Anything" thread

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June 28th, 2021, 02:08 PM

#2 (permalink)

WoodyFox

Columbus, Ohio

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FuturesTrader71

Hello Traders,

You should know that starting today (June 28th, 2021), the CME and CBOT will eliminate the 3:15 p.m. – 3:30 p.m. Central Time (CT) trading halt on CME Globex which currently exists for certain Equity futures and options contracts.

This means that the session will run all the way through to 4 PM CT session close. This might take some traders by surprise.

Here's the notice: SER

Here's a screenshot of it:

I'm assuming Settlement time will still be 4:15 EST for the Equities RTH?

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June 28th, 2021, 02:41 PM

#3 (permalink)

tr8er

Europe

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WoodyFox

I'm assuming Settlement time will still be 4:15 EST for the Equities RTH?

They have changed it a while ago to 3 pm CT (range 2:59:30 to 3 pm CT)

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June 28th, 2021, 03:45 PM

#4 (permalink)

tr8er

Europe

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WoodyFox

You are wrong...Settlement for the equites has been at 4:15 EST for many years now. I'm asking if the new rules will effect this.

Please do not answer if you do not know. Thanks.

Capture

LOL, because of todays change the CME has changed it some month ago to 4:00 EST

I know that the settlement was at 4:15 pm EST for many years but now (or better some month ago) it is 4 pm EST and also there is a final settlement at 6 pm CT

https://www.cmegroup.com/confluence/display/EPICSANDBOX/Standard+and+Poors+500+Futures

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June 28th, 2021, 04:51 PM

#5 (permalink)

FuturesTrader71

Posts: 392 since Feb 2012

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Correct. Settlement is at 15:00:00 CT based on the 30 seconds ending at that time. Session still ends at 4 PM CT.

Risk Disclaimer: Trading Futures is not suitable for all investors. Past Performance is not indicative of future results.

If you have any questions about the products or services provided, please send me a Private Message or use the futures.io " Ask Me Anything" thread

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June 28th, 2021, 05:03 PM

#6 (permalink)

WoodyFox

Columbus, Ohio

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tr8er

LOL, because of todays change the CME has changed it some month ago to 4:00 EST

I know that the settlement was at 4:15 pm EST for many years but now (or better some month ago) it is 4 pm EST and also there is a final settlement at 6 pm CT

https://www.cmegroup.com/confluence/display/EPICSANDBOX/Standard+and+Poors+500+Futures

Sorry I stand corrected. I found where it changed on September 22, 2020.

https://www.cmegroup.com/education/articles-and-reports/faq-daily-settlement-price-determination-time-change.html

Should have looked at your credentials. LOL

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June 29th, 2021, 02:59 AM

#7 (permalink)

tr8er

Europe

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Trading: ES, CL, 6E, 6B

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WoodyFox

Sorry I stand corrected. I found where it changed on September 22, 2020.

https://www.cmegroup.com/education/articles-and-reports/faq-daily-settlement-price-determination-time-change.html

Should have looked at your credentials. LOL

No problem . Trade well!

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Last Updated on June 29, 2021

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