FMX Rates Futures: Extended Trading Hours
- The FMX Futures Exchange,owned by BGC,will extend it's trading sessions for rates contracts beginning Sunday,June 29.
- The revised schedule shifts the start time to 6 p.m., maintaining the 5 p.m.
- The change addresses the trading time differential between FMX and CBOT, CME's designated contract market.
FMX Futures Exchange announces extended trading hours for rates contracts, starting this Sunday, June 29, aligning with CME Group‘s schedule. Traders will now have access nearly around-teh-clock, as the start time shifts to 6 p.m. from 9 p.m., maintaining the 5 p.m. close. This strategic move aims to boost market participation, liquidity and address trading time differences. Market participants should anticipate increased trading volume in FMX’s rates contracts. Stay informed with News Directory 3 for all the latest developments in the financial world. Discover what’s next in this evolving market.
FMX Futures Exchange Extends Trading Hours for Rates Contracts
The FMX Futures Exchange,owned by BGC,will extend it’s trading sessions for rates contracts beginning Sunday,June 29. This move aims to match the trading hours offered by CME Group, a key player in the futures market.
Previously, trading at FMX started at 9 p.m. New York time and concluded at 5 p.m. the following day. The revised schedule shifts the start time to 6 p.m., maintaining the 5 p.m. close. This adjustment provides traders with near around-the-clock access to rates contracts, enhancing market participation and liquidity.
The change addresses the trading time differential between FMX and CBOT, CME’s designated contract market. The extended hours are expected to provide greater opportunities for traders to manage risk and execute strategies in the rates contracts market.
What’s next
Market participants anticipate increased trading volume and tighter spreads in FMX’s rates contracts as the extended hours align with global market activity. The exchange will monitor the impact of the new schedule and make further adjustments as needed to optimize trading conditions.