• Wheat Futures Closing Range Time Period

      • To
      • Members, Member Firms and Market Users
      • From
      • Market Regulation Department
      • #
      • CBOT-RA0805-1
      • Notice Date
      • 11 February 2008
      • Effective Date
      • 12 February 2008
    • Due to market conditions in Wheat, beginning on Tuesday, February 12, 2008, and continuing until further notice, the closing range time period in the open outcry Wheat Futures market will change from 30 seconds to one minute.   The close will therefore begin at 1:14 p.m.
      Further, the Wheat Futures Pit Committee will continue to be able to extend the close by up to one minute due to unique market conditions on a particular trade date. The decision to extend a close must be communicated to the market at least five minutes prior to the commencement of the revised close for that date.   However, the Exchange will endeavor to communicate this information to the market as soon as possible.
      Questions regarding this advisory may be directed to the following individuals in Market Regulation:
      Jennifer Baum, Associate Director, 312.341.3124

      Robert Sniegowski, Associate Director, 312.648.5493