Despite these fears, average daily trading volume in the
CBOT corn, soybean, and wheat contracts doubled between September 2005 when non-convergence first appeared and September 2008 when non-convergence was at its worst.
Large speculators took a net long position in
CBOT corn futures and options, reversing course after taking a bearish short bet two weeks ago for the first time since the summer of 2010, regulatory data released on Friday showed.
Beginning, May 20 for trade date May 21, customers will have expanded access to
CBOT ethanol, corn, soybeans, wheat, soybean meal, and soybean oil futures and options on CME Globex as follows:
Three months earlier, the June figure for corn stocks also came in above the range of trade expectations, triggering an even bigger sell-off in
CBOT corn.
German analyst Thomas Godt writes that funds bought up to 20,000 contracts on the
CBOT on Thursday, an unusually high amount.
I've worked on two large deals in the past two years: CME's acquisitions of the Chicago Board of Trade (
CBOT) and the N.Y.
(
CBOT), has been granted the status of Recognised Body within the Dubai International Financial Centre (DIFC).
CME is the world's largest futures exchange, controlling more than 85 per cent of US futures and options-on-futures volume after its July takeover of
CBOT Holdings.
The trial will begin in January.* Regulators approved the Chicago Mercantile Exchange's proposed $10.1 billion acquisition of the Chicago Board of Trade (
CBOT), America's oldest futures exchange.
The
CBOT is mulling offers from its Windy City rival, the Chicago Mercantile Exchange (CME), as well as from electronic upstart Intercontinental Exchange (ICE).