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Alternative Market Briefing

US exchanges to re-open today following Sandy

Wednesday, October 31, 2012

Bailey McCann, Opalesque New York: Exchanges in the US were largely closed this week as Sandy ravaged the East coast making trading floor locations inaccessible. Now that the bulk of the storm has passed, and transportation is slowly being allowed to resume, those exchanges are re-opening Wednesday, October 31st. The New York Stock Exchange and NASDAQ market sites in New York announced on Tuesday afternoon that they will resume activity as normal starting today.

The CME Group which handles derivatives markets will reopened its U.S. equity index futures and options on futures markets yesterday at 5:00 p.m. CT and resume normal trading hours on the trading floor and CME Globex venues today. CME Group's interest rate complex reopened for electronic trading on Monday evening, October 29, and has since resumed trading on the floor and electronically, observing regular trading hours. In addition, the firm will open the New York trading floor contingent upon New York City lifting the evacuation order for Zone A, which includes CME Group's NYMEX World Headquarters and the New York trading floor. All New York floor-traded products remain available on CME ClearPort as well as CME Globex during their regular market hours.

Chicago Board Options Exchange (CBOE), CBOE Futures Exchange (CFE), C2 Options Exchange (C2), and CBOE Stock Exchange (CBSX) will all resume trading during normal hours today. The Depository Trust & Clearing Corporation confirmed that it was maintai......................

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