CBOT mini-Dow Futures Set Record 91,831 contracts
For Immediate Release
CHICAGO, January 16, 2004—The Chicago Board of Trade (CBOT®) today announced that a new daily volume record was set for mini-sized DowSM Jones futures with 91,831 contracts traded January 15, 2004, breaking the previous record of 79,479 contracts traded on January 13, 2004.
CBOT President/CEO Bernard W. Dan said, “Setting two records in the same week is testimonial to the superior functionality of the CBOT’s new electronic trading platform. Our market users are recognizing and benefiting from the system’s speed, functionality and flexibility. Simultaneously, hedgers and speculators are taking advantage of cost savings as a result of capital, margin and operational efficiencies delivered by the Common Clearing Link (CCL) with the Chicago Mercantile Exchange. We know we have a winning combination that is readily apparent to the trading community.”
Electronically traded mini-sized Gold futures also established a new volume record of 3,962 contracts traded on January 15, 2004, breaking the previous record of 2,648 contracts traded on January 7, 2004.
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