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CME delays aluminum futures trading start

Apr 10, 2014 | 04:28 PM | Michael Cowden

Tags  CME Group, aluminum futures, aluminum, futures contract, North American contract, Michael Cowden


CHICAGO — CME Group Inc. plans to push back trading of its North American physically delivered aluminum futures contract by one day to May 6, it said April 9.

The Chicago-based exchange typically launches new products on Mondays, but some customers asked the exchange to delay the launch from the originally scheduled May 5 (amm.com, March 18) due to the May Day holiday in Europe, a CME spokesman said in an e-mail to AMM April 10.




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After witnessing the pace of steel plant idlings and worker layoffs during the first half of the year, what is your view of the second half of 2015? (choose one)

No matter what else happens, layoffs and shutdowns, etc., have nearly or essentially stopped for the year.
The environment will change little and the pace of layoffs will continue at a similar rate as the first half of 2015.
The environment will change little yet the pace of layoffs will begin to slow slightly to moderately.
The environment will change little yet the pace of layoffs could exceed the rate seen thus far.
The environment will improve slightly to moderately yet hiring and plant restarts will not resume this year.
The environment will improve slightly to moderately, with hiring and plant restarts commencing.
The environment will improve dramatically yet hiring and plant restarts will still be negligible in comparison.
The environment will improve dramatically yet hiring and plant restarts will only be slight to moderate.
The environment will improve dramatically, with hiring and plant restarts occurring nearly in tandem.


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