CBOT Breaks Monthly Volume Records
Led by the ag complec, November trading broke CBOT monthly records for total volume and average daily volume.
Compiled by staff
Published: Dec 1, 2006
The Chicago Board of Trade announced Friday that November volume reached record-highs 83,596,033 total contracts and 3,980,763 contracts trading each day. The numbers were up 38% compared to the same figures for November 2005.
The agricultural complex led the surge with an 88% ADV boost compared to November 2005. Total agricultural volume reached 14,602,741 contracts, futures volume was 12,121,361 contracts, and options volume was 2,481,380 contracts - all monthly records.
Electronic trading also boosted volume, with the total exchange electronic ADV up 50% from last November. Electronic ADV for the ag complex went up 29% from last year.
Within the ag complex, corn led the way with a 142% ADV increase from November 2005 at 7,879,086 contracts, followed by increases in the wheat (45%), soybean (51%), oats (62%), and rough rice (44%) complexes.
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Tagged: wheat, soybean
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