Chicago Merc Trading Floor

Stories from chicago s famed trading floor.

Chicago merc trading floor. Coronavirus closes chicago mercantile exchange trading floor cme based in chicago is the world s largest derivatives exchange handling contracts of west texas intermediate crude among other. Across the trading lifecycle and around the world cme group enables you to efficiently manage risk and capture opportunities. The cme was founded in 1898 as the chicago butter and egg board an agricultural commodities exchange originally the exchange was a non profit organization. Analyze data and optimize portfolios.

The merc demutualized in november 2000 went public in december. Cme group to close chicago trading floor as a precaution due to coronavirus published wed mar 11 2020 6 47 pm edt updated wed mar 11 2020 8 19 pm edt fred imbert foimbert. Nyse preparing for coronavirus outbreak. Over the next few weeks the company will reconfigure the pit to meet social distancing standards and put additional safety measures in place.

Trade cash futures and options. The parent company of the merc announced wednesday it will close its chicago trading floor starting with the close of business on friday. Chicago march 11 2020 prnewswire cme group today announced it will close its chicago trading floor as of the close of business friday march 13 2020 as a precaution to reduce large. In vast high ceilinged trading rooms men and they were all men then circled noisily.

Cme group owner of the chicago mercantile exchange and the chicago board of trade said wednesday that it will temporarily shut its trading floor at the close of business friday. Make the most of every transaction whether you re trading on exchange or otc. Former cme trader ryan carlson explains some of the hand signals used on the floor. A forerunner to the chicago mercantile exchange in 1874.