CBOT President and CEO Bernard W. Dan said, “The recent open interest and volume records in the CBOT’s Precious Metals complex demonstrate the recognized value that customers place on our Metals complex, including providing market participants with a highly robust, liquid and transparent trading environment, immediate trade certainty and the full advantages of straight-through processing via the Exchange’s premier electronic trading platform.”
Within the complex, the CBOT 100 oz. full-sized Gold futures contract experienced all-time highs in volume and open interest on September 21. Trading volume in full-sized Gold futures increased to 5,603 contracts, surpassing the prior high of 5,511 contracts set on September 16. Open interest rose to 7,205 contracts, exceeding the previous record of 6,938 contracts achieved on September 19.
The CBOT’s electronically traded Precious Metals complex is composed of full-sized and mini-sized Gold and Silver futures contracts.