Record Volume Day For SFE SPI 200<SUP>™</SUP> Futures

Sydney Futures Exchange experienced the largest transaction volume on record yesterday for the SFE SPI 200^™ Futures contract. Traded volume for the day was 140,055, breaking the previous record of 134,826 set on 15 June 2004. The notional value of the day's trading activity was AUD12.7 billion.

The record volume in the SFE SPI 200^™ Futures contract was principally driven by significant roll activity as the contract nears quarterly expiry.

Peter Hiom, General Manager, Exchange Business Development said, "The September 2004 expiry is the fourth SFE SPI 200^™ Futures expiry in a row to result in a volume record and this has come on top of a continued rise in year-on-year volumes. This rate of growth continues to demonstrate that the SFE SPI 200^™ futures contract is the flagship for the Australian equity market."