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Old 05-17-2008, 11:31 AM
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Re: Trading Hours for the YM

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This is probably a stupid question ... but I was trying to get my charts set up (I finally have a charting package that allows me to input open/close times) and while reading on the cbot website my head started to spin

Can anyone here, in plain english, give me the open / close times I would enter for the Mini Sized DOW?

Thanks

Travis
The following was taken from cmegroup.com:

"Mon/Thu 3:30 p.m. to 4:30 p.m. and 5:00 p.m. to 3:15 p.m. next day, shut down period 4:30 p.m. to 5:00 p.m. Sundays 5:00 p.m. to 3:15 p.m. next day."

This translates into the electronic market opening at 5:00pm on Sunday and closing Monday at 3:15pm. Then it opens back up again at 3:30pm and closes at 4:30pm. It then opens again at 5:00pm and trades until 3:15pm the next day (Tuesday). Rinse and repeat. However, many traders determine such things as Market Profile only during RTHs (regular trading hours). This is the time when the pits are active and the volume is normally the highest. Some traders will use 8:30am to 3:00pm, but many also use the last 15 minutes (to 3:15pm) because many times you see a rush of volume in the minis right after the pits close. I hope this helps.

*All times are Central


Last edited by Hlm; 05-17-2008 at 11:42 AM. Reason: Added note about times.
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