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CME delays closing the futures pits, just a bit

A trader signals offers in the Standard & Poor's 500 stock index futures pit at the CME Group in Chicago.
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A trader signals offers in the Standard & Poor's 500 stock index futures pit at the CME Group in Chicago.

Shout on the floor while you can, traders.

The CME Group said it would delay closing its outcry futures trading in Chicago and New York, if only by a few days.

Previously scheduled to close on July 2, the last day for most open outcry futures trading is expected to take place on July 6, pending expiration of CFTC review periods, CME announced Tuesday.

Still, the CME said it could further delay the closure for up to 90 days depending on the CFTC's review.