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Strategies & Market Trends : The Home Run -- Ignore unavailable to you. Want to Upgrade?


To: Jack of All Trades who wrote (238)6/27/2006 10:29:49 AM
From: Nemer  Read Replies (2) | Respond to of 525
 
CBOT Gold Futures Complex Captures 50 Percent Market Share

CHICAGO, IL, June 26, 2006 – The Chicago Board of Trade (CBOT®) announced today that its 100-percent electronically traded Gold futures complex captured a 50 percent market share in daily volume of listed Gold futures traded in North America for the first time on June 23.

The CBOT’s Gold complex traded 27,700 contracts in Full-sized Gold futures and 8,573 mini-sized Gold futures, for a total daily volume of 36,273 contracts. Month-to-date, the CBOT Gold complex accounts for 44 percent of listed Gold futures traded in North America.

Robert Ray, CBOT Senior Vice President of Business Development, said: “Between depth of liquidity and the marketplace’s preference for speed and straight-through processing made possible by our electronic contracts, the CBOT Gold complex continues to shine. Reaching this threshold is proof that our complex is playing a greater role in metals price discovery.”

The CBOT’s Precious Metals complex consists of Full-sized (100 oz.) Gold futures, Full-sized Gold options, mini-sized (33 oz.) Gold futures, Full-sized (5,000 oz.) Silver futures, Full-sized Silver options and mini-sized (1,000 oz.) Silver futures contracts.

Ol Blue Slevin is always ahead of the pack when it comes to making money ......

now, he's into lake houses in NJ .... figure he'll start growing cranberries in his back yard there along with charter fishing out of his new marina/motel

needless to say, there will be hired help to do all the work as TheJ would be a widow if Blue were to drink a DR Pepper and perform a half day labor .... hehehehehe