Nikkei 225 futures to get longer trading hours

CHICAGO, Aug. 12 /PRNewswire-FirstCall/ -- CME Group, the world's leading and most diverse derivatives marketplace, today announced that beginning Sunday, September 12, 2010, for trade date September 13, electronic trading hours for the yen-denominated Nikkei 225 futures will be expanded to give market participants worldwide nearly 24-hour access to the benchmark contracts listed at CME and traded on the CME Globex platform. These contracts are listed with, and subject to, the rules and regulations of CME.

CME Group offers its customers around the clock access to the widest range of liquid benchmark products in all major asset classes. To further enhance our customers' trading opportunities, CME Group has partnered with leading exchanges around the world to make their products available on or through the CME Globex platform and distribution network. In addition to CME Group's highly successful products, these arrangements allow CME Group customers to access five of the world's most actively traded equity futures contracts – Brazilian iBovespa index futures, Korean Kospi 200 index futures, Indian Nifty 50 index futures, Japanese Nikkei 225 index futures and, following implementation of our recently announced linkage with the Bolsa Mexicana de Valores, Mexican IPC index futures.

The extension of trading hours in the yen-denominated Nikkei 225 futures contracts further enhances CME Group's efforts to provide customers with efficient access to an even broader range of successful products.

Under the expanded hours, the contracts will begin trading on CME Globex Sundays at 17:00-15:15 the next day Chicago Time, with trading Monday–Friday from 15:30 p.m. -15:15 the next day (closing at 15:15 Friday, with a daily maintenance shutdown between 16:30-17:00).

The expanded trading hours were added as part of the licensing agreement extension between CME and Nikkei Inc.

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