Unlike Forex, futures trading do have London, New York or any other sessions. So its trading hours remains same and does not differ.
Currently, the Chicago Mercantile Exchange (CME) is the most popular exchange and their currency futures trading hours begin at 17:00 and conclude at 16:00 the next day. Futures trading occur at U.S. Central Time, and it remains same for weekdays and Sundays.
Futures trading is a derivative contract between two parties to sell or purchase an asset in the future. Similar to Forex, futures also involves currency trading. Currently, the CME Group presents traders with the option to trade in the major currency pairs EUR/USD, GBP/USD, USD/JPY, and USD/CHF.
Apart from the major pairs, traders can also trade in AUD/CAD, AUD/USD, AUD/JPY & AUD/NZD.
Apart from currency pairs traders can also trade in other commodities. The most popular futures contract is crude oil where each unit represents 1000 barrels. Besides gold; silver, palladium, and copper also trade with futures. Unlike currency online trading hours, the trading time for metals are different. The trading time for metals is 17:00 to 16:00 U.S. Central Time.
Other than currency and metal, futures trading also involve agricultural products. Corn, wheat, soybean, oat, rough rice, and black sea wheat are a few agricultural products from a futures contract. Trading for these products begin at 19:00 and end at 7:45 U.S. Central Time both weekdays and Sundays.
Livestock, dairy, and forest products also form part of agricultural products in futures. Feeder cattle, live cattle, and live hog form part of livestock products which trades only on weekdays from 08:30 to 13:05 U.S. Central Time. In dairy products, milk (Class III, Class IV, Nonfat dry), dry whey, cash-settled butter, and cash-settled cheese forms the futures products.
Dairy products’ trading time remains same as currency from 17:00 to 16:00 U.S. Central Time. Lumber futures are sold in forest products beginning from 06:00 to 09:00 U.S. Central Time only on weekdays. Among other agricultural products are cocoa, coffee, sugar, and cotton trading for which the trading time is same as currency futures trading hours from 17:00 to 16:00 U.S. Central Time.
Crude oil the most widely traded futures falls part of energy products with electricity, ethanol, natural gas, refined products, coal, emissions, and uranium. For its majority, multiple forms of crude oil are sold like last sweet, Brent, Russian export blend, synthetic, gulf coast sour, Urals Mediterranean vs. Dated Brent, Urals North vs. Dated Brent, Blend CIF Mediterranean vs. Dated Brent, Argus WTI Diff vs. CMA NYMEX, and others. Their trading time is same with currency trading hours from 17:00 to 16:00 U.S. Central Time.
Weather, real estate, interest rates, and equity index are some other products that are traded in futures. Some of their trading times are same as currency futures trading hours, and some differ from it. While all these products trade both on weekdays and Sundays, real estate trades only on the weekdays.
The content of this article reflects the author’s opinion and does not necessarily reflect the official position of LiteForex. The material published on this page is provided for informational purposes only and should not be considered as the provision of investment advice for the purposes of Directive 2004/39/EC.