Glossary · G

What is Globex?

CME Group's electronic trading platform. Gold trades on Globex from Sunday 18:00 to Friday 17:00 ET with a daily halt from 17:00 to 18:00 ET.

In context

Gold futures trade on COMEX, which is part of CME Group, through CME's electronic trading platform, Globex. All buy and sell orders for a given contract go into one central order book. When a buy order and a sell order meet at the same price, a trade happens.

From Chapter 1: The Gold Futures Contract and the Trading Day

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Chapter 1: The Gold Futures Contract and the Trading Day

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Education only. Not financial advice. Trading involves substantial risk of loss.