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Kansas City Board Of Trade Achieves New Annual Volume Record

Date 05/12/2000

Trading activity Monday at the Kansas City Board of Trade spurred 2000 year-to-date trading volume past the previous annual record, launching the exchange into a new decade of growth.

Year-to-date volume at the KCBT through Monday was 2,525,918 contracts, surpassing the previous annual record of 2,524,376 contracts set in 1999. Nearly a month remains for the exchange to extend the new annual record.

Wheat futures and wheat options contracts have been the impetus in growth this year at the Kansas City Board of Trade. Wheat options set a new annual volume record in September and at this point has traded 63,990 more contracts or 44.4 percent more than the previous record. Wheat futures should handily break the previous record, being a mere 20,313 contracts shy of besting last year's volume.

"It is wonderful that the year 2000 highlights the growth of the exchange over the past 140 years," said KCBT Chairman Dan Maltby. "We are looking forward to many more years of continued growth at the Kansas City Board of Trade."