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Friday, April 28, 2006

CBOT To List Ag Futures on E-CBOT During Daytime Session

The CBOT has announced plans to start trading agricultural products electronically during daytime trading hours. Starting August 1st, the eCBOT will be trading Corn, Wheat, Soybean, Soybean Oil, Soybean Meal, Rough Rice and Oat futures contracts electronically side-by-by with the open-outcry markets. Trading hours will be from 9:30 am to 1:15 pm Central Time. Current overnight trading hours, from 6:30 pm to 6:00 am, will remain. Additionally, the exchange plans to introduce South American Soybean and Ethanol futures contracts to trade electronically. Please note, the ticker symbols do and will differ from those contracts trading in the pit, but the contract specifications are the same making the electronic contracts fully fungible with the pit traded contracts.