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Tuesday, November 22, 2005

TRADING HOURS

Yesterday the EUREX expended the opening hours of their benchmark products (FDAX, BUND, ESTX50, BOBL)to 22:00 CET (15:00 Chicago time). As expected a low volume trading and a doubled spread (normal daily spread is a half point).
Of course we will see lesser openingsgaps so for position and systemtraders a later closing time can be good news.
We will see.