The Chicago Board of Trade announced February 2006 average daily volume (ADV) increased 9% to 3,528,676 contracts, compared with 3,231,548 contracts in February 2005. In addition, Exchange volume for February climbed to its highest monthly total ever, reaching a record 67,044,843 contracts.
Also hitting an all-time high in February was volume on the CBOT’s electronic trading platform with 44,342,095 contracts traded. CBOT electronic ADV reached 2,333,794 contracts, increasing 17% from February 2005 and representing 66% of total exchange volume.
Each of the exchange’s product groups, including its agricultural, interest rate, metals and equities experienced volume growth in February, including an increase of more than 500% in ADV within the CBOT Precious Metals complex compared with February 2005. ADV in the Exchange’s Agricultural complex increased by 9% over February 2005 to 517,120 contracts.