Average daily volume in September for the CBOT’s mini-sized Dow futures increased by 12 percent to 102,856 contracts versus the previous month’s average of 91,929 contracts; 33 percent over September 2004 (77,348 contracts); and overall is up 21 percent YTD.
On Sunday, October 9, the CBOT will launch its newly enhanced premier electronic trading platform, powered by LIFFE CONNECT®, and increase the number of trading hours on its electronic platform from 21 to 22 hours. This action will make CBOT’s transparent markets for interest rate, equity index and metals products available to electronic market users for an additional hour each day. As of Sunday, electronic trading of the CBOT’s mini-sized Dow futures will commence at 6:15 p.m. to 4:00 p.m. daily.
The CBOT Dow complex, which includes full-sized ($10) and mini-sized ($5) Dow options, and full-sized ($10) and mini-sized ($5) Dow futures, is based on the Dow Jones Industrial Average -- the world's most readily recognized and followed stock index -- and provides large and small investors a way to take a position based on the performance of the DJIA, to diversify and protect their portfolios against potential adverse price changes in the stock market, and to preserve investment value.
