SEPTEMBER 15, 2023
TEMPORARY CHANGES TO OPENING TIMES FOR SUGAR NO. 11®, COFFEE “C” ® AND COCOA CONTRACTS, AND TO THE DAILY SETTLEMENT WINDOWS FOR COFFEE “C” AND COCOA CONTRACTS
Temporary Trading Hour Changes
Effective with the start of trading for trade date Monday, October 30 and through and including trade date Friday, November 3, 2023, the Exchange is implementing temporary changes to the open times for Sugar No. 11, Coffee “C” and Cocoa futures and option contracts. On each day in this period the opening times for these contracts will be:
Sugar No. 11: 4:30 am NY time
Coffee “C”: 5:15 am NY time
Cocoa: 5:45 am NY time
Temporary Settlement Window Changes
The Exchange is also implementing temporary changes to the daily settlement window for Coffee “C”” and for Cocoa futures and options contracts for this same period: the daily settlement window for Coffee “C” futures and options contracts will be from 1:23 to 1:25 pm, and the daily settlement window for Cocoa futures and options contracts will be from 12:48 to 12:50 pm. At the end of this period the settlement windows for these contracts will revert to the normal times for each product.
Due to this temporary change to the settlement windows for these products, during this period Trade at Settlement (or “TAS”) trading for Coffee “C” futures contracts will end at 1:25 pm and TAS trading for Cocoa futures contracts will end at 12:50 pm each day instead of the normal times.
Other trading times for these products – including the Pre-Open time, the Daily Close of Trading, and the Daily Settlement Window for Sugar No. 11 contracts – remain unchanged during this period as expressed in NY local times.
This temporary change to the referenced times for these products is due to the end of British Summer Time on October 29, and will last until the end of US Daylight Savings Time on November 5. Traders outside the US should be aware that the end of US Daylight Savings Time and/or British Summer time may impact their local time corresponding to the relevantPre-Open,Daily Settlement Window and Daily Close of Trading times of any product.
Regular Trading Hours
Regular Daily Settlement Window Times
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© 2023 Intercontinental Exchange, Inc. The following are trademarks of Intercontinental Exchange, Inc. and/or its affiliated companies: Intercontinental Exchange, ICE, New York Stock Exchange and NYSE. For more information regarding trademarks owned by Intercontinental Exchange, Inc. and/or its affiliated companies see: intercontinentalexchange.com/terms-of-use
Key Information Documents for certain products covered by the EU Packaged Retail and Insurance-based Investment Products Regulation can be accessed on the relevant exchange website under the heading “Key information Documents (KIDS),” commencing January 1, 2019.
FOR MORE INFORMATION
Tim Barry
Tim.barry@ice.com
(212) 748-4096
View All Notices/Contact Us/Media Inquiries
© 2023 Intercontinental Exchange, Inc. The following are trademarks of Intercontinental Exchange, Inc. and/or its affiliated companies: Intercontinental Exchange, ICE, New York Stock Exchange and NYSE. For more information regarding trademarks owned by Intercontinental Exchange, Inc. and/or its affiliated companies see: intercontinentalexchange.com/terms-of-use
Key Information Documents for certain products covered by the EU Packaged Retail and Insurance-based Investment Products Regulation can be accessed on the relevant exchange website under the heading “Key information Documents (KIDS),” commencing January 1, 2019.
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ICE – Intercontinental Exchange Inc. published this content on 15 September 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 September 2023 19:00:06 UTC.
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