New York Board Of Trade's Cotton Contract Shatters Five-Year Open Interest Record

The New York Board of Trade® (NYBOT®) cotton market set an all-time open interest record of 97,260 futures contracts on September 29, 2003. The previous OI record was 95,556 contracts established on January 28, 1998.

The Cotton No. 2 contract (Symbol CT) is 50,000 pounds net weight of cotton, or approximately 100 bales. Cotton trades at NYBOT from 10:30 a.m. to 2:15 p.m. (NY Time). NYBOT's New York Cotton Exchange was founded in 1870.

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, NYBOT offers an expanding range of agricultural and financial products. Information about the New York Board of Trade can be found at www.nybot.com and www.nybotlive.com.