New York Board Of Trade Announces Sugar Option Contract Changes

The New York Board of Trade's (NYBOT®) Coffee, Sugar & Cocoa Exchange, Inc. announced yesterday the delisting of a regular options contract on the Sugar No. 11 futures contract, as well as several changes to its serial options listings for the Sugar No. 11 futures contract.

The changes are:

• The January 2004 option on the Sugar No. 11 futures contract has been delisted, effective immediately.
• The option contract traded on the January futures contract which expires in October (the "November" option) and the option contract traded on the January futures contract which expires in November (the "December" option) have been deleted from the category of "serial option months"; and
• An option contract traded on the March futures contract which expires in October (the "November" option) and an option contract traded on the March futures contract which expires in November (the "December" option) have been added to the category of "serial option months."

These changes are effective immediately; the November 2003 and December 2003 serial options contract months will be listed for trading on July 1, 2002, and August 1, 2002, respectively.

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 and divisions 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.