In addition, the a/c/e volume record surpasses the record of 183,137 contracts traded on Project A, CBOT's former electronic trading system, set on September 1, 1998. Average daily volume on a/c/e is more than 100,000 contracts. Yesterday, the CBOT announced that its members have traded over 5 million contracts on a/c/e since the system was launched in late August.
The high volume experienced yesterday reflected continued investor confidence in the CBOT's markets during the current presidential election uncertainty. By providing the best products for risk management and the most liquid markets in the world -- day or night a/c/e is a key avenue for risk management during a time of uncertainty.
a/c/e is a joint venture company co-owned and staffed by the world's two leading derivatives exchanges, and provides the new platform for electronic trading at the CBOT. The proven Eurex technology and its existing global distribution network will be the gateway to CBOT and Eurex products for global market users, providing members of both exchanges with access to the world's premier exchange-traded derivatives through a single trading screen.
