CBOT Financial Options Electronic Volume Reaches New High
April 20 2006 - 11:46AM
PR Newswire (US)
Exchange-wide open interest surpasses 16 million contracts CHICAGO,
April 20 /PRNewswire-FirstCall/ -- The Chicago Board of Trade
(CBOT(R)) announced today that electronic options volume set a new
record on Wednesday, April 19. Further, Exchange-wide open interest
reached another new milestone, surpassing 16 million contracts for
the first time. CBOT Financial options electronic volume climbed to
152,240 contracts, compared with the prior record of 125,783
contracts set on November 4, 2005. Yesterday, nearly 25 percent of
all Financial options traded at the CBOT were executed
electronically, another new record. Further, 61 percent of
Financial options electronic volume was executed during daytime
trading hours, between 7 a.m. and 2 p.m. Central Time. CBOT Senior
Vice President of Business Development Robert Ray said, "The CBOT
continues to lead the development of electronic trading of options
on futures and to provide the global marketplace with extensive
liquidity and trading opportunities 22 hours per day. These latest
records, as well as the high percentage of electronic options
volume that was executed throughout the entire trading session,
demonstrate that customers have embraced the e-cbot(R) platform and
its premier functionality." Exchange-wide open interest increased
to 16,086,899 contracts in a fifth consecutive record-setting
session. Other open interest records were set by 10-Year Treasury
Note futures and 30-Day Fed Funds options. About the CBOT As one of
the leading global derivative exchanges, the Chicago Board of Trade
provides a diverse mix of financial, equity, and commodity futures
and options-on-futures products. Building on its 158-year history,
the CBOT continues to advance into the future using the strength of
deep liquidity, market integrity and member-trader expertise. Using
superior trading technology in both electronic and open-auction
trading platforms, the CBOT provides premier customer service to
risk managers and investors worldwide. For more information visit
our website at http://www.cbot.com/ . Forward Looking Statements In
this release, our use of the words "may," "should," "could,"
"expects," "plans," "anticipates," "believes," "estimates,"
"predicts," "potential" or "continue" or other comparable
terminology is intended to identify forward- looking statements.
These statements are not guarantees of future performance and
involve risks, uncertainties and assumptions that are difficult to
predict. Therefore, actual outcomes and results may differ
materially from what is expressed or implied in any forward-looking
statements. More detailed information about factors that may affect
our performance may be found in filings made by CBOT Holdings, Inc.
with the Securities and Exchange Commission, which can be obtained
at its website at http://www.sec.gov/ . We undertake no obligation
to publicly update any forward-looking statements, whether as a
result of new information, future events or otherwise. DATASOURCE:
Chicago Board of Trade CONTACT: Melissa Jarmel of CBOT,
+1-312-435-7137, Web site: http://www.cbot.com/
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