CME Globex, the first global electronic futures trading platform, was introduced in 1992, initially providing only after-hours trading. Today, it offers trading approximately 23 hours a day,
five days a week.
CME Globex is an electronic trading platform that is an integral part of CME (Chicago Mercantile Exchange) which trades commodities investments, futures, options, equities and so forth.
Trading on Globex is possible almost 24 hours a day, from Sunday evening through Friday afternoon. During each session, contracts have pre-defined states. Their timing varies, according to the different products and their specifications. It requires the average trader to know how the market works.
The start of the session occurs in the afternoon and it represents the beginning of the next trading day.
Products on Globex are organized as follows:
- Side-by-Side contracts trade for a portion of the day simultaneously via open outcry
- Electronic-Only contracts trade only electronically
- After-Hours Electronic contracts trade electronically after the product stops trading via open outcry
Trading Hours
References
CME GLOBEX Reference Guide