September 2005 Adds Record Chapter To NYBOT History

Records tumbled in bunches at the New York Board of Trade® (NYBOT®) in hectic trading as September 2005 provided historic highs in monthly and daily volume and open interest. New York’s original futures exchange approached the 4 million-contract mark in total futures and options traded in one month when 3,977,458 contracts changed hands, breaking the old record (by over 100,000 contracts) set in June of this year.

The Exchange posted a new daily volume standard on September 12, 2005, of 285,232 contracts (previous mark of 267,838 in June 2004) and total open interest of 1,866,600 contracts on September 9. Total volume at NYBOT for the first nine months of 2005 is now running ahead 16% of the same period in the 2004 all time record year.

September 2005 rewrote the 135-year old record books in other areas as well: daily Ag futures (190,528 contracts, 09/12); daily volume record in Sugar No. 11sm futures (151, 798 contracts, 09/12) along with a Sugar No. 11 monthly futures volume (1,803,508 contracts); daily currency futures (122,522 contracts, 09/14); monthly currency futures (462,606 contracts), and currency futures open interest (182,204 contracts, 09/14), as well as U.S. Dollar Index® futures monthly volume record (129,905 contracts).

“The record trading activity of the past month at NYBOT highlights the reliability and quality of the price discovery process in our historic markets, based upon the deep liquidity of our traditional open outcry system,” said NYBOT Chairman Frederick W. Schoenhut. “More and more people around the world are looking to our Exchange to help manage risk in the commodity industry and pursue investment opportunities not found in other sectors.”

Selected September 2005 product volume increases (all YTD) include:

Sugar No. 11sm futures (symbol SB) futures volume jumped 29%.
Cocoa options (symbol CC) were up 33% and the futures 7%.
Cotton No. 2sm futures (symbol CT) rose 22%.
Coffee “C”® options (symbol KC) climbed 28%.
U.S. Dollar Index® futures (symbol DX®) added a 44% rise in futures.

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.