New Records For NYBOT's Coffee Options And U.S. Dollar/South African Rand Contracts

The New York Board of Trade (NYBOT®) announced today a new open interest record for its coffee options contract of 98,807 contracts set on November 7, 2002, which overtakes the previous record of 97,771 contracts established on November 6, 2002. Additionally, NYBOT's U.S. dollar/South African rand futures contract set a new open interest record of 1,142 contracts on November 6, 2002, replacing the previous record of 994 contracts set on October 20, 1999.

NYBOT has reported 11 records this year for its Coffee "C" contract starting on February 4, 2002, with an open interest record of 64,582 futures contracts. The "C" contract is for roughly 250 bags of coffee (or 37,500 pounds) of exchange-certified arabica coffee grown in nineteen countries throughout the world.

NYBOT's Finex Exchange Division, which has also reported several records this year, trades the U.S. dollar/South African rand contract from 8:05 am - 3:00 pm (NY Time). The NYBOT dollar/rand contract has a size of $100,000 U.S. dollars.

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 and their subsidiaries anddivisions, NYBOT offers an expanding range of agricultural, currency and index products. Information about the New York Board of Trade can be found at www.nybot.com.