CBOT Sets New Exchange-Wide Open Interest Record

Chicago Board of Trade (CBOT) announced today that on Friday, November 19, 2004, the exchange set a series of volume and open interest records. Setting a new all-time high and shattering the prior record, exchange-wide open interest reached 13,615,917 contracts, compared with the previous high of 13,004,167 contracts set on August 26, 2004.

In addition, CBOT Ten-Year U.S. Treasury Note options set a new open interest record of 3,179,342 contracts, rising above the former record of 3,175,276 contracts set on November 18, 2004.

CBOT President and CEO Bernard Dan said, “The trading records the CBOT experienced further illustrate that the exchange’s superior trading environment continues to fulfill the demands of customers worldwide. Our customers rely on the CBOT’s highly liquid and transparent markets, including the exchange’s U.S. Treasury futures and options contracts, to meet their risk management needs. Further, CBOT customers appreciate the efficiency and cost-effectiveness provided by the exchange’s innovative electronic trading and clearing platforms.”

Moreover, volume in the CBOT’s U.S. Treasury complex continues to expand, with CBOT Two-Year Treasury Note futures reaching a new electronic trading record of 82,506 contracts on November 19, 2004. This record surpassed the previous high of 79,566 contracts set on November 17, 2004.

For more information on the CBOT, visit the exchange Website at www.cbot.com.