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CBOT's Dow Jones Industrial Complex Experiences High Volume Day

Date 16/07/2002

The Chicago Board of Trade (CBOT®) announced today that its Dow Jones complex traded a total of 80,426 contracts yesterday, including 11,590 of the recently launched, all electronic mini-sized ($5 multiplier) Dow futures contract, its second busiest day since its April 5, 2002 launch.

CBOT®Chairman Nickolas J. Neubauer said, " The CBOT is excited about the continuing volume growth of the Mini-sized DowSM contracts and the value it is adding to our Dow Jones complex. Volume is high, open interest is growing, and more and more retail and institutional investors are turning to our DJIASM complex to manage their risk. With virtual 24-hour trading on the world's premier stock market index, the CBOT is the place to trade - especially when markets are volatile."

The high activity in the DJIA complex was caused partly by volatile stock markets on Monday. The DJIA stocks in New York fluctuated significantly, including trading with a 400-point deficit at one instance during the day.

The trading hours for the CBOT Dow Jones complex are as follows:

CBOT DJIA futures & options ($10)
open auction: 7:20 a.m. - 3:15 p.m.
electronic: 8:15 p.m. - 7:00 a.m.

CBOT mini-sized Dow futures ($2) and ($5) contracts
electronic: 8:15 p.m. - 4:00 p.m.