This breaks the previous record of 121,021 lots posted in November 2002 and follows on from numerous open-interest records set during the last year, the most recent being 69,957 lots on 24 January 2003.
Euronext.liffe's White Sugar contract trades from 09:45 to 17:30 (London time) and is relied upon as the global benchmark for the pricing of physical White Sugar. It is actively traded by the international sugar trade, sugar millers, refiners and end users (manufacturers) as well as by managed funds and both institutional and short-term investors. There are eight delivery months available for trading which include March, May, August, October & December.
White Sugar forms part of a diverse range of commodity products traded at Euronext.liffe, which also includes Cocoa, Robusta Coffee, Feed Wheat, Barley, Milling Wheat, Rapeseed, Corn, Sunflower Seeds, Potatoes, Pigs and Weather.
Euronext was formed by the merger of the Amsterdam, Brussels and Paris cash and derivatives exchanges in September 2000. The Euronext Group has since grown further, adding BVLP (the Portuguese cash and derivatives exchange) and LIFFE (The London International Financial Futures and Options Exchange). The derivatives businesses of Euronext and LIFFE are being combined under the Euronext.liffe umbrella with the phased migration of all of Euronext's derivatives markets to LIFFE CONNECTâ„¢, the most sophisticated electronic derivatives trading platform in the world. For further information on Euronext.liffe please visit www.liffe.com and www.euronext.com