Crain’s Chicago Business (May 4)
2021/ 05/ 05 by jd in Global News
CME’s last commodity trading pits “shut over a year ago because of COVID-19, and the exchange announced today that they won’t reopen.” CME “had already closed floor trading for most futures contracts in Chicago and New York in 2015 as open outcry had fallen to just 1% of total volumes. The options pits in Chicago, with history stretching back 173 years, were the exchange’s last bastion for old-school commodities floor traders.”
Tags: Chicago, CME, Commodity trading, COVID-19, Exchange, Futures, New York, Open outcry, Options pits
