The Chicago Board of Trade (CBOT) today announced that trading in several of its contracts reached new daily open interest records yesterday. Among Monday’s open interest records was the Interest Rate Swap futures complex, which reached 78,696 contracts. The previous record, 76,441 contracts, was set on September 27, 2006.
Other open interest records set on Monday included 10-year Treasury Note futures (2,575,893 contracts), 5-year Treasury Note futures (1,625,560 contracts), 2-year Treasury Note futures (764,585 contracts), 5-year Swap futures (32,378 contracts), Full-sized (5,000 oz.) Silver futures (11,976 contracts), and Soybean futures (407,368 contracts). Open interest represents the number of trading positions that have not yet been offset and closed at the end of a trading day.
