The 30-Year U.S. Treasury bond futures contract was the most heavily traded product on a/c/e in its first month, trading 1,010,080 contracts. The average daily volume for the T-bond contract was 45,913. In addition, average daily volume for 10-year Treasury note futures was pegged at 40,010 contracts, while the 5-year Treasury note futures was 8,235 contracts.
Since the launch on August 27th, 84 CBOT® member firms are able to trade all CBOT® products on the a/c/e platform. The second phase of the alliance, scheduled to be launched in fourth quarter 2000, will include an additional 60-80 members and member firms who presently are being connected to the system.
a/c/e is a joint venture company co-owned and staffed by the world’s two leading derivatives exchanges, and provides the new platform for electronic trading at the CBOT®. The proven Eurex technology and its existing global distribution network will be the gateway to CBOT® and Eurex products for global market users, providing members of both exchanges with access to the world’s premier exchange-traded derivatives through a single trading screen.
