CBOT President/CEO Bernard W. Dan said, "Setting two records in the same week is testimonial to the superior functionality of the CBOT's new electronic trading platform. Our market users are recognizing and benefiting from the system's speed, functionality and flexibility. Simultaneously, hedgers and speculators are taking advantage of cost savings as a result of capital, margin and operational efficiencies delivered by the Common Clearing Link (CCL) with the Chicago Mercantile Exchange. We know we have a winning combination that is readily apparent to the trading community."
Electronically traded mini-sized Gold futures also established a new volume record of 3,962 contracts traded on January 15, 2004, breaking the previous record of 2,648 contracts traded on January 7, 2004.