CME Group Expands Trading Hours and ICE Now Offers US Corn, Soybeans, and Wheat Futures Contracts
CME Group expands trading hours for corn, soybeans, soft red wheat, and other agricultural commodities, but only for electronic trading, not open outcry trading. According to CME Group data, electronic trading accounted for 93% of all trading volume in 2011. ICE now offers corn, soybeans, and wheat futures contracts.
What time does wheat trade?
Wheat futures trade electronically on the Globexsup>u00ae/sup> platform from 8:00 p.m. U.S. ET to 2:20 p.m. U.S. ET the next day, with a maintenance period from 8:45 a.m. U.S. ET to 9:30 a.m. U.S. ET.
What time do the futures markets open?
While the stock market in the United States is most active from 9:30 a.m. to 4:00 p.m. ET, stock index futures trade almost continuously, and the rise or fall in index futures outside of normal market hours is frequently used as an indicator of whether the stock market will open higher or lower the next day.
Do futures trade on weekends?
Futures trading has the advantage of being able to conduct transactions at almost any time of day; while commodity and futures markets are closed on weekends, most futures contracts begin trading on Sunday afternoon to kick off the week.
What is wheat trading at?
According to Trading Economics global macro models and analysts, wheat is expected to trade at 713.41 USd/BU by the end of this quarter, and at 825.59 in a year.
Can you trade futures after hours?
Unlike stocks, futures products are traded nearly 24 hours a day, six days a week.
What time do futures Open Sunday?
However, if you see a headline on a Sunday night saying that stock futures are down, it’s because most futures contracts (including equity futures, but also oil, agricultural products, commodities, and other investments) start trading at 6 p.m. Eastern time.
Is trading in crude oil profitable?
Due to its unique position within the world’s economic and political systems, crude oil trading provides excellent profit opportunities in nearly all market conditions.
Is the futures market open now?
The ES futures market is open for trading every week from Sunday night to Friday night, with some exceptions for holidays, which can be found on the CME Holiday Calendar.
What is the best time to trade WTI?
The best time to trade Crude Oil is during the primary pit session, which runs from 9:00 a.m. to 2:30 p.m. EST; the best time to buy Crude Oil, according to the cure oil seasonality pattern, is in March and June, when the WTI price tends to bottom.
Is oil traded 24 hours a day?
CME Globex offers electronic trading 24 hours a day, six days a week: Sunday through Friday, 18:00 u2013 17:00, with a 60-minute break each day.