NEW YORK, U.S. – For the week of Monday, October 26 to Friday, October 30, 2015, the Exchange is implementing a temporary change to the opening time for trading of Sugar No. 11, Coffee “C” and Cocoa futures and option contracts. On each day in this week 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
This temporary change to the opening time for these products is due to the end of British Summer Time on October 25 and will last through the end of U. S. Daylight Savings time on November 1. At the end of this period, opening times for these products will revert to the normal time for each product.
In addition, for this same period the Exchange is implementing a temporary change to the daily settlement window for Cocoa futures and options contracts.
For this week only, the daily settlement window for Cocoa will be from 12:48 to 12:50 pm; at the end of this week the window will revert to the normal 11:48 to 11:50 am time.
Due to this temporary change to the settlement window, during this week Trade at Settlement (or “TAS”) trading for Cocoa will end at 12:50 pm each day instead of the normal 11:50 am time.
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 and Coffee “C” contracts – remain unchanged during this period as expressed in NY local times.
Traders outside the US should be aware that DST in the US ends on November 1, and that this may impact their local time corresponding to the New York Pre-Open, Daily Settlement Window and Daily Close of Trading times.
