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CME Group
CME the world's leading and most
diverse derivatives marketplace, today announced it will transition open
outcry trading of Kansas City Board of Trade (KCBT) hard red winter (HRW)
wheat futures and options to its Chicago trading floor beginning Monday, July
1, 2013, pending CFTC review. This transition will accelerate efficiencies and
trading opportunities for customers trading both the HRW wheat and CBOT Soft
Red Winter (SRW) wheat varieties. KCBT wheat futures and options will continue
to trade on CME Globex and be listed by and subject to the rules of KCBT.
The last day of open outcry trading on the KCBT floor will be June 28. CME
Group will operate an electronic trading center in the former KCBT floor space
until the end of September, providing a place for Kansas City-based traders to
execute trades on CME Globex.
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