NYBOT FCOJ Options Contract Sets New Volume Record - World Sugar Also Sets Open Interest Record

The Frozen Concentrated Orange Juice options contract (or FCOJ), at the New York Board of Trade® (NYBOT®), set a new volume record on January 10, 2005, of 22,188 contracts. The previous record was 16,603, established on December 16, 1997.

In addition, NYBOT’s Sugar No. 11® options contract set an open interest record on January 10, 2005, of 445,347 contracts, replacing the previous high of 443,280 contracts, set on January 6, 2005.

On January 6, 2005, a new open interest record was set in Sugar futures (385,432 contracts), and on January 7, 2005, an open interest record of 155,066 contracts in Coffee options.

NYBOT’s FCOJ contract has a trading unit of 15,000 pounds of orange solids, and trades from 10:00 am to 1:30 pm (NY Time). The World Sugar contract is 112,000 lbs. of raw centrifugal cane sugar from 29 countries throughout the world and trades from 9:00 am to 12:00 pm (NY Time).

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 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.