Cotton Options Contract Sets New NYBOT Record

The New York Board of Trade® (NYBOT®), the world’s leading “softs” commodities exchange, announced today that its cotton options contract broke an all-time volume record of 34,082 contracts on October 9, 2003. The previous record was 33,721 contracts set on September 11, 2003.

NYBOT’s Cotton No. 2 futures contract is 50,000 pounds net weight of cotton and trades from 10:30 a.m. to 2:15 p.m. (NY Time). The New York Cotton Exchange was founded in 1870.

The New York Board of Trade (NYBOT) is the parent company of the Coffee, Sugar and Cocoa Exchange, Inc. (CSCE) and the New York Cotton Exchange (NYCE). Through its two exchanges, NYBOT offers an expanding range of agricultural and financial products. Information about the New York Board of Trade can be found at www.nybot.com and www.nybotlive.com.