CME Winnows Stock Futures as Some Dow, Nasdaq Trading Eliminated
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CME Group Inc. ended electronic trading in the largest Dow Jones Industrial Average and Nasdaq 100 Index futures, leaving smaller versions and exchange-traded funds as the main vehicles for off-hours speculation.
The change means the larger version of Dow and Nasdaq futures will only be available during normal business hours in Chicago. Once the exchange ends most open-outcry trading in three months, they will disappear, leaving only the smaller versions -- known as E-mini contracts -- as CME’s vehicles for speculating on the Dow and Nasdaq.