CBOT U.S. Treasury Products Continue Record-Setting Streak

The Chicago Board of Trade (CBOT) announced today that CBOT U.S. Treasury products volume and open interest continued their record-setting trend. The exchange’s Two-Year Note futures set a new volume record, and Five-Year Note futures and Ten-Year Note options reached all-time highs in open interest on Tuesday, November 23, 2004.

CBOT President and CEO Bernard Dan said, “We are extremely pleased that CBOT customers continue to demonstrate their appreciation for the many benefits provided by the exchange’s U.S. Treasury markets. With full transparency, a superior electronic trading platform, and the highest possible level of integrity, CBOT Treasury markets offer a trading experience unparalleled within the industry.”

CBOT Two-Year Treasury Note futures volume rose to a record 157,676 contracts from the prior record of 155,153 contracts on May 26, 2004. Open interest records in CBOT Five-Year Note futures and Ten-Year Note options, respectively, were as follows: 1,413,155 contracts versus the previous record of 1,373,393 contracts set on August 6, 2004, and 3,249,689 contracts, compared with 3,228,613 contracts in the prior session.

Further, the CBOT’s Precious Metals contracts also extended their rapid growth trend, with open interest in the complex rising to a new record of 11,193 contracts. Additionally, within the CBOT Precious Metals complex, Full-sized Gold futures established another record in open interest.