NYBOT cotton futures & options surpass 100,000 mark
27 Jun '07
1 min read
IntercontinentalExchange announced that on Thursday, June 14, its New York Board of Trade (NYBOT) subsidiary surpassed the 100,000 volume mark for the first time in total NYBOT Cotton No. 2 SM futures and options.
The exchange also established a second consecutive volume record in electronically traded NYBOT Cotton No. 2 futures on Thursday, June 14.
Total NYBOT Cotton futures and options volume on Thursday, June 14 was a record 104,536 contracts. NYBOT set a new daily electronic trading record in Cotton futures with 33,372 contracts, surpassing the June 13 record of 26,038 contracts.
ICE successfully introduced side-by-side trading for NYBOT's soft commodity contracts in February, including futures based on cocoa, coffee, cotton, orange juice and sugar.
In May, electronic trading represented 71% of soft commodity futures volume. NYBOT today introduced electronic trading for the U.S. Dollar Index (USDX) and the Russell 1000 full- and mini-sized indexes.
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