- Five-Year Treasury Note futures set a yearly volume record of 23,264,659
- Five-Year Treasury Note options set a yearly volume record of 4,648,088
- Two-Year Treasury Note futures set a yearly volume record of 2,346,455
- Two-Year Treasury Note options set a yearly volume record of 44,185
- Thirty-Day Fed Fund futures set a yearly volume record of 4,497,144
- Ten-Year Treasury Note options set a yearly volume record of 19,836,642
- DowSMJones futures set a yearly volume record of 4,653,010
- DowSMJones options set a yearly volume record of 288,361
- Wheat futures set a yearly volume record of 6,747,012
- Soybean Meal futures set a yearly volume record of 6,733,872
- Oat options set a yearly volume record of 70,218
December Highlights Included:
- December average daily volume was 992,806, up 27.8% from December 2000 and up 11.9% for the year
- Total exchange month-end open interest was 5,251,650, up 17.7% from December 2000
- Ten-Year Note options set a daily volume record on December 11 at 280,760
- Two-Year Note options set a daily volume record on December 17 at 3,500 and set a daily open interest record on December 20 at 12,261
- Thirty-Day Fed Fund futures set a daily open interest record on December 31 at 215,401
Financial Futures and Options Highlights
- U.S. Treasury Bond futures were up 5.5% from December 2000 at 3,886,005
- U.S. Treasury Bond options were up 11.8% from December 2000 at 1,103,827
- Ten-Year Treasury Note futures up 41.6% from December 2000 at 4,689,793 and up 23.3%year-to-date (YTD) at 57,585,828
- Ten-Year Treasury Note options were up 113.3% from December 2000 at 2,238,990 and up 88.0% YTD at 19,983,876
- Five-Year Treasury note futures were up 63.4% from December 2000 at 2,683,627 and up 33.4% YTD at 31,122,401
- Five-Year Treasury Note options were up 41.9% from December 2000 at 420,733
- Two-Year Treasury Note futures were up 27.0% from December 2000 at 160,646 and up 61.7% for the year at 2,389,165
- Two-Year Treasury Note options were up 70.7% from November 2001 and up 1,114.0% from December 2000 at 10,926
- Thirty-Day Fed Fund futures were up 145.5% from December 2000 at 472,188 and up 224.6% YTD at 4,686,695
Agricultural Futures and Options Highlights
- Wheat futures were up 6.1% YTD at 6,801,541 and totaled 354,331 for December 2001
- Oat futures were up 152.3% from December 2000 at 38,877 and up 9.6% YTD at 440,854
- Soybean Oil futures were up 29.9% from December 2000 at 502,341 and up 12.4% YTD at 6,034,325
- Rough Rice futures were up 67.8% from December 2000 at 15,017
Stock Index Futures and Options
- CBOT DJIASM futures volume was up 22.6% from December 2000 at 329,898 and up 37.2% for the year at 4,901,949
- CBOT DJIASM options were up 43.9% for the year at 288,364 and totaled 12,933 for December 2001
CBOT Electronic Trading System
- Volume reached 5,017,559 contracts in December 2001, up 180.7% from December 2000. Volume totaled 52,559,308 contracts for the year (Jan-Dec. 2001), an increase of 238.6% from 2000
- December average daily volume was 250,878 contracts, up 180.7% from December 2000
- U.S. Treasury Bond futures totaled 22,410,923 contracts for the year, an increase of 242.8% from 2000; Volume for December 2001 was 1,742,583, up 128.4% from December 2000 and representing 44.8% of its total volume
- Ten-Year Treasury Note futures totaled 21,009,900 for the year, up 226.8% from 2000; Volume for December 2001 was 2,261,315, up 205.2% from December 2000 and representing 48.2% of its total volume
- Five-Year Treasury Note futures at 7,857,742 for the year, up 323.7%; Volume totaled 921,153 for December 2001, up 309.8% from December 2000 and representing 34.3% of its total volume
Electronic Open Outcry Highlights
- 5,082,958 customer orders were electronically sent directly to brokers in the trading pits; 1,683,696 of those orders were filled. These numbers represent 38% more electronic tickets sent and 44% more electronic tickets filled than during the year 2000.
- 25,990,368 customer contracts were electronically sent directly to brokers in the trading pits; 12,370,185 of those contracts were filled. These numbers represent a 63% increase in contracts electronically sent and a 66% increase in contracts electronically filled compared to last year's activity.
- Contracts electronically sent and endorsed is a major component of the straight-through-processing that reduces costs and clerical errors for member firms. The CBOT sent trade data electronically into participating member firm bookkeeping systems so that additional data input and routing to the clearing corporation for trade matching can occur on a real-time basis. The 148 order receipt devices, each used by multiple floor brokers, represents a 60% increase over the number of broker devices used in January, 2001. The 40 FCM member firms now taking advantage of this straight-through-processing feature of electronic order routing represents a 54% increase over the number of firms in January, 2001.
- Daily records were set for percentages of customer orders routed electronically to brokers for execution and endorsement. Electronic trade confirmation of customer orders reached 58% in the agricultural markets and 46% in the financial markets.
- The Exchange order routing system earned a 99.9% reliability record during 2001 and no trading interruptions were experienced since the system upgrade in May, 2001.
CBOT Seat Sales
- CBOT Full Membership last traded at $415,000 on December 27, 2001
- CBOT Associate Membership last traded at $121.000 on December 31, 2001
- CBOT Commodity Options membership at $22,000 on December 27, 2001
- CBOT IDEM membership at $15,000 on December 21, 2001
For more information on the CBOT's products and markets, log onto the exchange web site at www.cbot.com
