CBOT Senior Vice President of Business Development, Robert D. Ray, said, “These new volume records represent the confidence and support our customers place in the CBOT Metals Complex. The marketplace respects the CBOT’s leadership and innovation in product and operational development. The CBOT was first to offer a fully electronic and transparent precious metals platform, the first to upgrade the delivery process with our Electronic Vault Delivery Receipt platform, and the first to implement 24-hour transitory Exchange for Physicals service and create directed fungibililty between our mini-sized and Full-sized metals contracts.”
Additional daily volume records on January 5, 2007 included the following:
-CBOT Gold Complex total volume – New record of 98,365 contracts vs. 91,682 contracts on May 17, 2006.
-CBOT Gold Complex futures volume – New record of 96,999 contracts vs. 90,021 contracts on May 17, 2006.
-CBOT Full-sized (100 oz.) Gold total volume – New record of 88,282 contracts vs. 79,775 contracts on November 28, 2006.
-CBOT Full-sized (100 oz.) Gold futures volume – New record of 86,916 contracts vs. 78,133 contracts on November 28, 2006.
-CBOT Full-sized Silver (5000 oz.) total volume – New record of 14,900 contracts vs. 14,855 contracts on December 18, 2006.
-CBOT Full-sized Silver (5000 oz.) futures volume – New record of 14,859 contracts vs. 14,841 contracts on December 18, 2006.
For a complete listing of volume records, please see the CBOT Web site at www.cbot.com/metals
The CBOT Metals futures contracts continue to attract new market participants and achieve greater volume. In 2006, total CBOT Metals volume reached 12,398,522 contracts for the year, nine times greater than the total from 2005. CBOT Total 2006 ADV in the Metals complex was 49,397 contracts, nine times greater than 2005’s final ADV total.
