CBOT® Chairman Nickolas J. Neubauer said, "January's volume continues the growth trend exhibited throughout 2002, and it shows that market users still rely on the Board of Trade's markets to help them manage price risk in times of volatility."
January Highlights Included:
- January average daily volume was 1,353,290, up 24.4% from January 2002 and up 23.2% December 2002
- Total exchange month-end open interest was 6,707,326, up 5.2% from January 2002 and up 17.6% from December 2002
- Soybean Meal futures (open auction) set a daily open interest record on January 31 at 164,078
- Five-Year Interest Rate Swap futures (open auction) set a daily open interest record on January 24 at 4,082
- Ten-Year Treasury Note futures were up 64.6% from January 2002 and up 29.9% from December 2002 at 9,120,610
- Ten-Year Treasury Note options were up 16.0% from January 2002 and up 48.1% from December 2002 at 2,956,935
- U.S. Treasury Bond options were up 9.8% from January 2002 and up 35.4% from December 2002 at 1,028,151
- Five-Year Treasury Note futures were up 54.7% from January 2002 and up 28.5% from December 2002 at 4,435,590
- Five-Year Treasury Note options were up 52.3% from December 2002 at 535,032
- Thirty-Day Fed Fund futures were up 46.4% from December 2002 at 539,107
- Wheat futures were up 15.6% from December 2002 at 438,021
- Wheat options were up 7.9% from December 2002 at 118,567
- Corn futures were up 20.8% from January 2002 and up 36.7% from December 2002 at 1,203,956
- Corn options were up 30.6% from December 2002 at 296,195
- Oat futures were up 64.1% from December 2002 at 26,149
- Oat options were up 89.3% from December 2002 at 3,143
- Soybean futures were up 17.5% from January 2002 and up 8.9% from December 2002 at 1,267,305
- Soybean options were up 25.3% from December 2002 at 340,309
- Soybean Meal futures were up 4.8% from January 2002 and up 14.7% from December 2002 at 639,628
- Soybean Oil futures were up 10.1% from January 2002 at 522,939
- Rough Rice futures were up 106.5% from January 2002 at 18,118
- CBOT DJIASM futures volume was up 10.7% from January 2002 and up 11.0% from December 2002 at 452,579
- CBOT DJIA options were up 19.4% from December 2002 at 10,699
- Volume reached 14,338,529 contracts in January 2003, up 111.1% from January 2002 and up 46.5% from December 2002
- January average daily volume was 682,787, up 111.1% from January 2002 and up 46.5% from December 2002
- Five-Year Treasury Note futures set a daily volume record on January 9 at 252,723
- Five-Year Interest Rate Swap futures set a daily volume record on January 29 at 1,600, and set a monthly volume record of 6,457
- $5 Mini Dow Jones Index futures set a daily volume record on January 27 at 33,141, and set a monthly volume record of 526,201
- Dow Jones AIG Index futures set a daily open interest record on January 31 at 1,492
- Year-to-date, 401,752 futures and options orders, excluding futures spreads, were electronically sent directly to floor brokers using order receipt devices.
- Monthly totals for both Financial and Agricultural orders filled by brokers using order receipt devices (Electronic Clerk).
- Financial room- 39%
- Agricultural room- 51%
- Total (Agricultural and Financial)- 47%
- Financial room- 12%
- Agricultural room- 37%
- Total (Agricultural and Financial)- 27%
- CBOT Full Membership last traded at $343,000 on January 29, 2003
- CBOT Associate Membership last traded at $140,000 on January 29, 2003
- CBOT Commodity Options membership at $30,000 on January 31, 2003
- CBOT IDEM membership at $35,000 on January 31, 2003