CEO Bernard W. Dan said, "We are pleased that the CBOT's new electronic platform successfully handled such an impressive amount of volume in its first full week. All profiles of market users have given us positive feedback, as they are enjoying the speed of execution, dynamically updated pricing and the enhanced transparency of the new system. We continue to work with our member firms and customers so that they fully understand and benefit from the CBOT's new superior electronic trading platform."
Following a seamless and final transition to the CBOT's new platform on January 1, 2004, average daily volume was 1,005,031 contracts during the system's first full week of operation. The exchange's new platform features greater functionality and reliability than any other system used to trade futures and options in the world.
