CME Group to Close Most of Its Chicago Trading Pits Permanently

• The exchange operator CME Group Inc. CME 0.32% said it would permanently close most of its open-outcry trading pits in Chicago, ending one of the world’s last vestiges of old-fashioned floor trading.
• The only part of CME’s trading floor that will remain open is the Eurodollar options pit, which the exchange operator reopened in August with social-distancing requirements and other measures to protect traders from the coronavirus.

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– CME Group to Close Most of Its Chicago Trading Pits Permanently