Pit closures = corn, soybean market instability, trader says
Story Date: 6/4/2021

 

Source: Mike McGinnis, SUCCESSFUL FARMING, 6/2/21


It’s been six years since CME Group shifted from trading agricultural commodities mostly on the floor of the exchange to its electronic trading platform (Globex). In July 2015, the exchange closed its agricultural futures trading pits, leaving open only its options trading pits. This May, CME Group officially closed all its open-outcry trading pits, ending a tradition that started in the mid-19th century.

For more of this story, click here


























   Copyright © 2007 North Carolina Agribusiness Council, Inc. All Rights Reserved.
   All use of this Website is subject to our
Terms of Use Agreement and our Privacy Policy.