The New York Board of Trade (NYBOT), a wholly-owned subsidiary of IntercontinentalExchange (NYSE: ICE), established an electronic trading record in its agricultural futures products of 98,249 contracts on Friday, March 2. In addition, electronic trading represented a record 62% of total agricultural commodity futures volume.
Also on March 2, NYBOT’s Sugar No. 11SM and Sugar No. 14SM contracts set electronic trading volume records.
Side-by-side trading of NYBOT agricultural commodity contracts began on February 2. NYBOT contracts offered for electronic trading include cocoa, coffee, cotton, orange juice and sugar.
