Shorter grain hours
meet with mixed response
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| David Nealis President of Ceres Ltd. |
After expanding to 21 trading hours in May, the Chicago Board of Trade (CBOT) is cutting its hours back to 17.5., For firms without a global view this is much welcomed news, but many feel that decreasing hours simply increases the amount of time where market participants are unable to hedge. For those of us based in Asia, I feel it might push us to trade other markets.
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