September Highlights Included:
CBOT® average daily volume: 831,619
Total exchange month-end open interest: 4,372,721
Ten-Year Agency futures set a daily open interest record on September 14 at 54,313
Financial Futures and Options
Ten-Year Treasury Note futures at 3,779,506 increased 50.7% from September 1999, and up 33.1% year-to-date (YTD) at 35,049,556
Ten-Year Treasury Note options were up 9.4% from September 1999 at 585,742
Five-Year Treasury Note futures at 1,515,535 were up 46.6% from September 1999, and up 36.4% YTD at 17,655,467
Five-Year Treasury Note options were up 38.7% from September 1999 at 236,480
Two-Year Treasury Note futures at 107,353 were up 50.6% from September 1999, and up 22.7% YTD at 990,979
Municipal Bond Index futures were up 48.5% from August 2000 at 55,016
Agricultural Futures and Options
Corn futures were up 8.6% YTD at 13,330,406 with September volume at 1,057,383
Oat futures were up 22.1% from September 1999 at 21,846
Soybean futures were up 7.4% from August 2000 at 860,944
Stock Index Futures and Options
CBOT®® DJIASMSM futures volume in September was 276,121, up 30.5% from August 2000
a/c/e Electronic Trading System
Volume reached 1,008,165 contracts in just 12 trading days on the a/c/e platform
U.S. Treasury Bond futures at 936,538 contracts, representing 20.7% of its total volume
Ten-Year Treasury Note futures at 846,286, representing 22.4% of its total volume
Five-Year Treasury Note futures at 188,779, representing 12.5% of its total volume
Electronic Order Routing to Open Outcry Markets
For the month of September, 25% of futures orders was filled by brokers using electronic order receipt devices. This represented 32% of agricultural orders and 17% of financial orders.
Year-to-date, 2,672,378 orders have been electronically routed to floor brokers, of which 861,408 have been filled. This represented 11,163,870 contracts entered and 5,273,295 contracts filled.
More than 425 electronic routing devices are being used on the trading floor to transmit customer orders by members and member firms.
Seat Sales
CBOT® Full membership last traded at $365,000 as of September 21, 2000
CBOT® Associate membership last traded at $73,000 as of September 29, 2000
CBOT® Commodity Options Membership interest last traded at $14,000 as of September 22, 2000
CBOT® IDEM membership interest last traded at $3,000 as of October 2, 2000
