CME Group to Close New York Trading Floor at NYMEX By end of 2016
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CME Group to Close New York Trading Floor at NYMEX By end of 2016
The CME Group, operator of numerous businesses such as the New York Mercantile Exchange (NYMEX), and known via its brand name from the Chicago Mercantile Exchange (CME), has today announced plans to shut down its New York (NY) trading floor by the end of 2016 according to an official company press release.
The company described the move as allowing to help floor broker – who traditionally roam the trading floor making bids and offers on various contracts traded on and off the exchange – to move into an electronic venue. The CME Group said that it Chicago trading floor will remain ... (read more)
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- michal.kreslik
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Re: CME Group to Close New York Trading Floor at NYMEX By end of 2016
So here we go, CME closes its New York trading floor and generally, all the open outcry pits will soon be a thing of the past.
Time to go to New York and Chicago and check out these soon-to-be extinct places in person.
Time to go to New York and Chicago and check out these soon-to-be extinct places in person.
- TheRumpledOne
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Re: CME Group to Close New York Trading Floor at NYMEX By end of 2016
Robots are taking over!!
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!
Please do NOT PM me with trading or coding questions, post them in a thread.
Please do NOT PM me with trading or coding questions, post them in a thread.
Re: CME Group to Close New York Trading Floor at NYMEX By end of 2016
TheRumpledOne wrote:Robots are taking over!!
Congrats on post 10,000 TRO!
- michal.kreslik
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Re: CME Group to Close New York Trading Floor at NYMEX By end of 2016
MightyOne wrote: Congrats on post 10,000 TRO!
INDEED!
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