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CBOT Precious Metals Volume Rises Above 5,000 Contracts

Date 15/10/2004

The Chicago Board of Trade (CBOT®) announced today that on October 14, total volume in the CBOT's precious metals complex, which consists of full-sized and mini-sized Gold and Silver futures, rose to 5,203 contracts. Further, the CBOT's metal complex garnered approximately 7 percent of total volume in U.S. exchange-traded gold and silver futures.

CBOT Senior Vice President Robert Ray said, "Market users clearly appreciate the significant advantages provided by the CBOT's 100 percent electronic Gold and Silver futures, which are traded on the exchange's superior electronic trading platform and are accessible nearly around-the-clock worldwide. In addition, our customers value the benefits of straight-through processing of CBOT precious metals contracts. By offering both full- and mini-sized metals contracts, the CBOT provides a choice of products--all in one marketplace--that best meets the trading needs of retail, institutional and commercial customers."

For more information on CBOT precious metals products, visit the exchange Website at www.cbot.com/metals.