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Exchange Attributes |
| Name of exchange: Minneapolis Grain Exchange
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| Acronym(s) for exchange: MGEX
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Brief description of exchange:
The Minneapolis Grain Exchange, founded in 1881, is a not-for-profit membership organization. Hard red spring wheat futures and options are the primary products traded at MGEX. Since December 2004, MGEX has offered cash-settled futures and options on the National Corn Index, National Soybean Index, Hard Red Winter Wheat Index, Soft Red Winter Wheat Index and Hard Red Spring Wheat Indexes on e-cbot powered by LIFFE CONNECT platform.
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| Trading day begins for this exchange: 730 EST
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| Trading day ends for this exchange: 230 EST
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| Do the trading day hours differ for any of the issues or contracts traded at this exchange?: Yes
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Types of stocks and/or commodities this exchange cover(s):
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General Exchange Information
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| Free information on the stocks and/or commodities listed at your exchange available: Yes
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Securities are traded in this manner at this exchange:
Hard Red Spring Wheat: Open Outcry-daytime, electronic-daytime and nighttime Agricultural Indexes: electronic - daytime and nighttime
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This exchange protects public investors by:
MGEX clearinghouse and self-regulation with oversight from the Commodity Futures Trading Commission.
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Operations and Manangement
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This exchange is owned and operated by:
MGEX members.
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This exchange is governed by:
MGEX board of directors comprised of members with additional participation by non-member directors.
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| The requirements to be listed on this exchange can be seen at this URL: www.mgex.com
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| Number of current issues or contracts traded at this exchange: 6
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| A list of the current issues or contracts traded at this exchange can be seen at this URL: www.mgex.com
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Protective Systems
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These protective systems are in place during a system failure:
N/A
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Liquidity
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| Average open interest(contracts) or average trading volume(shares) on this exchange (daily): 45,000
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| Standard deviation regarding the open interest or trading volume at this exchange: N/A
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