Trading terminates three business days prior to the first calendar day of the delivery month.
10:00 A.M. - 2:30 P.M., for the open outcry session. Electronic: 3:15 P.M. on Mondays through Thursdays and concluding at 9:00 A.M. the following day. On Sundays, the session begins at 7:00 P.M. All times are New York time.
You probably remember back in high school, watching your teacher solve a complex algebra problem with ease. Although you took notes, trying to complete the homework assignment was a challenge. How did the teacher make something so complex seem so easy? You were both using the same formula, the same methodology, and the same computations. However, while you struggled, she did it with ease and elegance. What was the difference? Continue reading here.