Singapore Commodity Exchange Sets New Open Interest Record In Ribbed Smoked Sheet 3 (RSS3) Contract

SICOM is pleased to announce that it has achieved another open interest record for its RSS3 rubber futures contract. Open interest set a new record of 37,740 tonnes on 21 September 2007.

The previous record was 37,520 tonnes set on 31 July 2007. Open interest is the total number of contracts that have not yet been offset.

About SICOM
SICOM is Singapore’s regulated marketplace for the trading of commodity futures and the world’s price discovery centre for natural rubber prices, providing the benchmark rates at which more than 50% of the world’s natural rubber trade flows is priced. IE Singapore is the regulatory authority of SICOM under the Commodity Trading Act.