NYBOT To Launch New Norwegian Krone-Swedish Krona Currency Futures And Option Contract

The New York Board of Trade® (NYBOT®) announced today that its FINEX® Division will launch a new currency futures and option contract based on the Norwegian krone–Swedish krona. The futures currency contract will begin trading Friday, May 7, 2004, and the options will begin Monday, May 10, 2004.

The krone-krona contract is 500,000 krone, and will trade from 3:00 a.m. – 3:00 p.m. (NY time). The contract has a physical delivery, and the last trading day is the second business day prior to the third Wednesday of the contract month.

Contract specifications and contract rules for this product are available at www.nybot.com.

The New York Board of Trade (NYBOT) is the parent company of the Coffee, Sugar and Cocoa Exchange, Inc. (CSCE) and the New York Cotton Exchange (NYCE). Through its two exchanges, NYBOT offers an expanding range of agricultural and financial products. Information about the New York Board of Trade can be found at www.nybot.com and www.nybotlive.com.