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Hurricane Sandy to hamper trading again tomorrow

29 Oct 2012, 10.04 pm GMT

Washington, 29 October (Argus) — Hurricane Sandy will continue to disrupt trading and federal government operations for a second day on 30 October.

Exchange operator CME Group said its New York trading floor will be closed again tomorrow. CME's Nymex headquarters and trading floor are in the mandatory evacuation zone.

CME's floor-traded products will be available on ClearPort and CME Globex during their regular market hours, and all other CME futures and options on futures markets will remain open.

CME expects to open its US equity index futures and options on futures markets at 6pm ET today for overnight electronic trade. Its equity index market will close tomorrow at 9:15 am ET for both the trading floor and CME Globex.

The Intercontinental Exchange (Ice) said all of its products will follow regular trading open, close and daily settlement times tomorrow, except for the exchange's Russell Index futures and options contract, which will close early at 9:15am ET.

Federal offices in the Washington, DC, area will be closed for a second day tomorrow because of the storm, according to the Office of Personnel Management. Emergency personnel are still expected to report.

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