This new daily record is 7% above the one previously set on 8 October 2002 when 64,574 lots were traded. The volume traded has an underlying value of $1.6 billion and is equivalent to 51.3 million barrels of crude oil.
"Another record performance from the IPE Gas Oil futures contract is testament to the vital role the instrument plays in meeting the risk management and trading needs of market participants," said Jackie Bullimore Head of Oil Markets. "IPE Gas Oil has seen continuous growth in 2002 as an ever increasing number of energy and financial users enter the market."
