Electronic soft commodity futures trading at the New York Board of Trade (NYBOT), a wholly-owned subsidiary of IntercontinentalExchange (NYSE: ICE), reached a new high of 64,042 contracts today, or more than 19% of overall daily volume in the listed products. Additionally, today’s total volume of 340,190 contracts set a new daily volume record, replacing the previous high of 315,390 contracts set on April 13, 2006. The World Sugar futures contract also set a new volume record with 155,727 contracts traded, replacing the previous high of 153,201 contracts.
New open interest records were also set yesterday in NYBOT Sugar No. 11SM (703,998), Cotton No. 2SM (195,478), and Coffee “C”® (137,834) contracts.
NYBOT today also announced extended hours in its electronic markets offered on the ICE platform. Beginning Tuesday, February 20, the hours will be extended to 1:30 a.m. ET to 3:15 p.m.
ICE, the leading electronic energy marketplace and soft commodities exchange, and its regulated subsidiary, NYBOT, introduced side-by-side trading for the NYBOT physical soft commodity contracts on Friday, February 2. Contracts offered include cocoa, coffee, cotton, orange juice and sugar.
