CBOT Mini-sized Dow Futures Set New Volume Record

CBOT® mini-sized Dow^SM Futures set a new daily volume record on Friday, March 5th, 2004 of 93,096 contracts, compared to the old record of 91,831 contracts set on January 15, 2004. Average daily volume for mini-sized Dow futures during the week of March 1-5 was 68,428 contracts.

The CBOT Dow^SM Complex also hit a complex record of 111,726 contracts March 5th. The CBOT Dow Complex consists of CBOT mini-sized Dow futures and options, DJIA^SM futures and options, and TMI Futures.

Both mini-sized Dow Futures Options & TMI Futures continue to grow in daily trading and open interest. Both products set trading and open interest records within the last week.

TMI Futures traded with bid/ask spreads the first two weeks ranging from .05 - .15 (1-3 ticks) normally 4 levels deep.

CBOT mini-sized Dow Options average at-the-money bid-offer spread is 6 ticks, average size at the bid and offer is 200 contracts.

Both mini-sized Dow Options & TMI Futures trade 100% electronically and are supported by multiple electronic market makers.