CME Group announced that it will not reopen its physical trading pits that were closed last March due to the outbreak of the COVID-19 pandemic.
- Eurodollar options pit will remain open
Also says that, subject to regulatory review, it will delist its full-size, floor-based S&P 500 futures and options contracts following the expiration of the September 2021 contracts on September 17, 2021
- Open interest that remains after the delisting will be migrated into the E-mini S&P 500 futures and options contracts that are available electronically on CME Globex.
- All individual trading positions will be converted into the corresponding E-mini S&P 500 contracts with the matching expiration date and strike price for options at the current 1:5 ratio.
Gonna need a new movie: