Euronext.liffe Commodity Products Set New Annual Volume Record In 2003

Euronext.liffe's Commodity Products set a new all-time annual volume record of 6,642,609 contracts during 2003, an increase of 17% when compared to 2002 and breaking the previous record by almost one million contracts.

Cocoa, Robusta Coffee, White Sugar, Rapeseed and Milling Wheat all set new annual volume records during the year.

Ian Dudden, Director of Commodity Products at Euronext.liffe said: "The record-breaking performance of our Commodity Products portfolio in 2003 has been particularly impressive as it builds upon the record growth already seen in 2002. The level of activity we are experiencing is further evidence of the increased understanding of the benefits of using commodity futures and options as risk management tools, as well as the expanding appeal of commodity derivatives as a result of the desire for portfolio diversification."

Euronext.liffe lists a broad range of Commodity Products which include Cocoa, Robusta Coffee, White Sugar, Feed Wheat, Milling Wheat, Rapeseed, Corn, Potatoes and Pigs.

The products are actively traded by a diverse range of participants, including producers, exporters, trade-houses, processors and manufacturers as well as by managed funds and both institutional and short-term investors.

Free 15-minute delayed futures prices are available at www.liffe-commodities.com.