Yesterday's volume reached 4,012,691 contracts, eclipsing the prior record of 3,789,424 contracts set on March 5, 2004. Open interest at the exchange also reached a new all-time high yesterday of 11,578,124 contracts in a fifth consecutive record-setting session.
CBOT President and CEO Bernard W. Dan said, "The CBOT's consistent volume growth in 2004 reinforces the tremendous confidence our customers have in the exchange's open, liquid markets. Market users are assured that no matter how complex their transaction, the CBOT offers full price discovery and transparency for all trades executed on the exchange. We are very pleased to note that the actions we have taken - increasing market access, migrating to the world's premier electronic trading platform, standardizing clearing and upholding the highest level of market integrity - have driven value for customers and contributed to increased CBOT volume."
Contracts in every one of the CBOT's product complexes--agricultural, equity and financial--reached records yesterday, including volume in 10- and five-year U.S. Treasury note options on futures.
More information on CBOT volume figures are available at the CBOT Website.
