open outcry Archives - Alberta Farmer Express

Coronavirus threatens Chicago’s last remaining trading pits

Grain options pits remain closed, for now

By Tom Polansek, GFM Network News June 12, 2020

Chicago | Reuters — Chicago brokers and traders worry COVID-19 will kill more of the city’s once famous shout-and-gesture trading pits. CME Group, which owns the Chicago Board of Trade, said this week that most of the pits it closed in March because of the pandemic will remain shuttered indefinitely. The news disappointed some brokers […] Read more

General, Markets, Reuters

For Chicago futures traders, one final round in the ring

By Tom Polansek July 6, 2015

Chicago | Reuters –– A few dozen Chicago traders donned their multicoloured jackets to trade soybean and Eurodollar futures the old-fashioned way one last time on Monday, marking the end of 167 years of open-outcry trading in the city where it was born. Barring a last-minute delay by U.S. regulators, CME Group ended most of […] Read more

Beef Cattle, Crops, Hogs, Markets, Reuters

CME’s futures pit closures delayed to July 6 or later

By Reuters June 23, 2015

Chicago | Reuters –– CME Group said Tuesday it will delay the closure of its open-outcry futures markets in Chicago and New York by at least one trading day due to a technical revision in its filing with the U.S. Commodity Futures Trading Commission. The final open-outcry session is now expected to be on July […] Read more

Livestock, Markets, Reuters

CME expects US$10M savings per year closing futures pits

By Reuters February 6, 2015

New York | Reuters –– CME Group will save US$10 million (C$12.4 million) per year after it shuts nearly all of its futures pits in New York and Chicago, a spokesman said Thursday, as the world’s biggest futures exchange pushes ahead with cost-cutting measures. While that may be a significant saving in a single step, […] Read more

General, Markets, Reuters

CME Group to close most open-outcry futures trading pits

By Tom Polansek February 4, 2015

Chicago | Reuters — CME Group will shutter most of its open-outcry futures pits by July 2, the world’s largest futures market operator said Wednesday, bringing down the curtain on a once-raucous tradition that has been in decline since the rise of computerized trading. The decision ousts traders of products ranging from grain and livestock […] Read more

Britain, New Zealand strike free trade deal

‘Containergeddon’ drives sugar, rice shippers back to bulk vessels

Mexico won’t limit GMO corn imports from U.S., ag minister says

GFM Network News

Britain, New Zealand strike free trade deal

‘Containergeddon’ drives sugar, rice shippers back to bulk vessels

Mexico won’t limit GMO corn imports from U.S., ag minister says

Tag Archives open outcry

Coronavirus threatens Chicago’s last remaining trading pits

For Chicago futures traders, one final round in the ring

CME’s futures pit closures delayed to July 6 or later

CME expects US$10M savings per year closing futures pits

CME Group to close most open-outcry futures trading pits

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