Client  Management Advisory Notices
To Back Office Managers, Service Bureau Representatives and Independent Software Vendors
From Client Management Operations
Subject Board Approves Changes to GSCI Trading Hours- Effective Monday, October 20, 2003
Notice Date 2003-10-10
Notice Number CMO#0417
Effective Date  

At its Regular Meeting on Wednesday, October 1, 2003, the Board of Directors approved changes to the closing time for the Goldman Sachs Commodity Index (GSCI) from 2:00 p.m.to 1:40 p.m.(Chicago Time) for both the trading pit and GLOBEX®.  GLOBEX trading would then re-open at 2:00 p.m. for the next trade date; with a one-hour break from 4:00 p.m. to 5:00 p.m.   GLOBEX trading on Sundays and holidays would open at 5:30 p.m. and will close at 1:40 p.m. the next day.

These changes become effective for the trade date, Monday, October 20, 2003.

To recap - the new trading hours will be:

GLOBEX:        Monday through Thursday      2:00 p.m. to 1:40 p.m. the next day

                        Sundays and Holidays            5:30 p.m. to 1:40 p.m. the next day

Trading Floor:  Monday through Friday           8:45 a.m. to 1:40 p.m.

Any questions regarding this notice can be directed to Neal Desai @ 312.634.8887 or ndesai@cme.com