Chicago Board of Trade (CBoT) plans to start a new
off-hours, all electronic market making program for its options
on interest rate futures in the coming weeks and to introduce
new options trading functionality on its e-CBoT trading
In a letter sent last Tuesday to members and obtained by
FO Week, CBoT stated it is now accepting applications
from market markers for seven US interest rate options
contacts, which will be offered electronically during "extended
market hours" from 2pm to 7am Chicago time.
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