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The Chicago Board of Trade (CBOT®) today announced that trading of its 5,000 oz Silver futures contract reached a new daily open interest record yesterday, hitting 11,000 contracts for the first time. This new record of 11,006 surpasses the previous record of 10,681 contracts set on November 14, 2006.
Since their launch in October 2004, CBOT Metals futures contracts continue to attract new market participants and achieve greater volume. For the month of November to date, the Exchange’s Metals futures complex, including both Full-sized and mini-sized Gold and Silver futures contracts, accounts for 51 percent of all listed Gold and Silver futures contracts traded in North America. Through November 21, the Exchange’s Silver futures complex accounted for 36 percent of listed Silver futures traded in North America.
The CBOT Metals Complex includes Full-sized (100 oz.) Gold futures and options contracts, mini-sized (33 oz.) Gold futures contracts, Full-sized (5,000 oz.) Silver futures and options contracts and mini-sized (1,000 oz.) Silver futures contracts. These products are available for trading 22 hours per day on the e-cbot® electronic trading platform. For more information about the CBOT Precious Metals Complex please visit the Exchange’s web site at www.cbot.com/metals.
