CME Group is consulting market participants on whether to extend trading hours for oil derivatives at its New York trading market, formerly the New York Mercantile Exchange.
Under consideration is a plan to extend trading to 3.15pm New York time, from the present closing time of 2.30pm.
Speaking to Futures and Options Intelligence, Bob Levin, senior vice-president of energy and metals research in New York, confirmed that the exchange was consulting the market, and stressed that it would be guided by...