Published:
ICE Futures U.S. Announces Change to Electronic Trading Hours for Agricultural Futures and Options Contracts
NEW YORK, Nov. 18 /PRNewswire/ -- ICE Futures U.S.(R), a wholly-owned
subsidiary of IntercontinentalExchange, Inc. (NYSE: ICE), announced changes to
electronic trading hours for certain agricultural futures and options
contracts. The changes will be effective with the start of trading on Monday,
December 1, 2008, and apply to the following products: Cocoa, Coffee "C" and
Robusta Coffee, Cotton No. 2, FCOJ, Sugar No. 11(R), Sugar No. 14(R), Sugar
No. 16(R), RJ-CRB Index, and CCI Index.
In addition, the following changes will also apply:
-- Sugar No. 14, Sugar No. 16, RJ-CRB Index and CCI Index contracts will
base the daily settlement price on trading from 2:44pm - 2:45pm ET each day.
-- On the last trading day of the expiring futures contract month, trading
in the expiring Sugar No. 14 and Sugar No. 16 contracts will end at 2:30pm ET,
and trading in the expiring Cotton No. 2 futures contracts will end at 2:45pm
ET.
-- Floor trading for options on the CCI Index contract will end at 2:45pm
each day.
ICE Futures U.S. worked collaboratively with agricultural market
participants in reaching its decision to modify trading hours and settlement
times for these products.
About IntercontinentalExchange
IntercontinentalExchange(R) (NYSE: ICE) operates regulated global futures
exchanges and over-the-counter (OTC) markets for agricultural, energy, equity
index and currency contracts, as well as credit derivatives. ICE(R) offers
these markets to participants around the world through its technology
infrastructure and trading platform, together with clearing, market data and
risk management services. ICE Futures Europe(R) is ICE's regulated energy
futures exchange. ICE's regulated North American exchanges, ICE Futures
U.S.(R) and ICE Futures Canada(TM), offer markets for agricultural and
financial contracts. Creditex, a market leader in trade execution and
processing for credit derivatives, is also a wholly-owned subsidiary of ICE. A
member of the Russell 1000(R) and S&P 500 indices, ICE is headquartered in
Atlanta, with offices inNew York,London,Chicago,Winnipeg,Calgary,Houston
andSingapore. www.theice.com .
SOURCE ICE Futures U.S.
Copyright © 2009, PRNewswire
Copyright © 2009, NewsBlaze,
Daily NewsTags: ,CPR,OIL,FIN,AGR,GA-ICE-Futures-U.S.
_ _
Breast Cancer News
Search News
Daily News
