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CME will close its Chicago trading floor at end-Friday

The CME Group will close its Chicago trading floor as of close of business Friday, March 13, 2020, as a precaution to reduce large gatherings.  The floor will close indefinitely but Globex trade twill continue.

Key notes

  • CME group to close Chicago trading floor as a precaution.
  • reopening of trading floor will be evaluated as more medical guidance on coronavirus becomes available.
  • will close its Chicago trading floor as of close of business Friday, March 13, 2020, as a precaution to reduce large gatherings.
  • no coronavirus cases have been reported on trading floor or in Chicago board of trade building.
  • company’s headquarters will remain open.
  • all products will continue to trade on CME Globex as they do today.

In other recent news, the CME raises crude oil future NYMEX raises margins by 13.4% to $4,650 per contract from $4,100 for April 2020.

 

 

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