“Record volumes and the current bull market in soft commodities are helping to push our seat prices to new highs,” said C. Harry Falk, NYBOT’s President and CEO. “We expect this positive trend to continue throughout 2006, and we also expect our new products, such as the FINEX® Euro Index contract, to add to this record growth.”
NYBOT’s full seat allows the owner the right to trade all products at the Exchange. The Exchange, which is the world’s premier “soft” commodity exchange, posts recent seat sales in the “Services” section on its website at www.nybot.com.
NYBOT began trading the FINEX Euro Currency Index (ECX, symbol E) futures and options index contracts on January 13, 2006. The Index represents a geometric average that tracks the value of the euro against a basket of five major world currencies: U.S. dollar (USD); British pound (GBP); Japanese yen (JPY); Swiss franc (CHF), and Swedish krona (SEK).
The New York Board of Trade (NYBOT) is New York’s original futures exchange, where the world trades food, fiber and financial products. For well over a century, the New York Board of Trade has provided reliability, integrity and security in a global marketplace for cocoa, coffee, cotton, ethanol, orange juice, wood pulp and sugar, as well as currency and index futures and options. Information about the New York Board of Trade can be found at www.nybot.com and www.nybotlive.com. To learn more about the New York Board of Trade Futures & Options for Kids, the Exchange’s non-profit group, please go to www.futuresandoptionsforkids.org.
