Year-to-date (YTD) total NYBOT volumes through the end of July now register 21,299,235 contracts, up 12% vs. the same period last year. Also during July, futures open interest increased 11% to 1,011,494 contracts, the highest month-end futures open interest position ever reported.
Some July 2005 product highlights (all YTD trading volumes) include:
- The Cotton No. 2sm futures (symbol CT) - up 23%
- Sugar No. 11sm futures (symbol SB) - up 21%
- The Cocoa options (symbol CC) - up 32%
- NYBOT’s Coffee “C"® options (symbol KC) - up 25%
- The Frozen Concentrated Orange Juice options (or FCOJ, symbol OJ) - up 20%
- The U.S. Dollar Index® futures (symbol DX®) - up 26%
- The Russell 1000® Index options (symbol R) - up 65%
“Our products continue to show remarkable growth, which is proof that our contracts meet the needs of both the hedging and speculating communities,” said Frederick W. Schoenhut, NYBOT Chairman. “Having such strong volumes a little over a year since we completed our historic merger is an added pleasure."
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, 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.
