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| CME Cash-Settled Butter Options |
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On September 17, 2007, CME Group will launch options on Cash-Settled Butter futures on the CME Globex electronic trading platform. Electronic trading hours for these contracts will be the same as for other commodity products: trading begins Monday at 9:05 a.m. Central Time (CT) and remains open through Friday 1:30 p.m. with daily hour-long trading halts at 4:00 p.m.
CME Cash-Settled Butter options offer hedgers and traders a cash-settled and electronically traded butter contract. The futures contract size is 20,000 pounds, one-half the contract size of the pit-traded CME Butter futures, which has a delivery trade unit of 40,000 pounds of Grade AA butter.
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- Understanding Dairy Price Volatility Seminar
On Thursday, November 29, 2007, CME Group will welcome Dr. Mark Stephenson of Cornell University to discuss recent dairy price volatility including contributing factors, potential impacts of congressional decisions and variables that you should be watching to gauge the impact of these changes. Learn more and register to attend online or in-person at www.cme.com/dairyseminar. - Extended Electronic Trading Hours for CME Commodity Products
CME Commodity futures and options are now available for trading on the CME Globex platform virtually 24 hours a day. Trading begins on Monday at 9:05 a.m. Chicago time and remains open through Friday 1:30 p.m. with daily hour long trading halts at 4:00 p.m. For more information, visit www.cme.com/extendedhours.
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