News Release

CBOT Corn Futures Surpasses One Million Contracts in Open Interest

Mon Feb 06 2006

Jennifer Rook


--Friday’s total volume ranks within top 10 of highest trading days in Exchange history --

CHICAGO, February 6, 2006 – The Chicago Board of Trade (CBOT®) announced today its Corn futures contract exceeded one million in open interest on Friday, February 3, closing at 1,041,843 contracts, setting a new Exchange record. The new open interest record surpasses the contract’s previous record of 997,522 contracts, which was set the day before on February 2, 2006.

The CBOT Corn futures contract average daily volume (ADV) increased by 70 percent in January 2006 over January 2005. In January 2006, the contract traded an average of 124,729 contracts per day versus 73,391 contracts that traded on average in January 2005.

CBOT Managing Director of Commodities Market Development Dennis Collins said, “We believe the aggressive lift in open interest within our Corn futures contract can be attributed to more Commodity Trading Advisors recommending physical commodity futures to balance portfolios and to invest in derivative contracts that have a strong liquid base, such as this contract. In addition, we are thrilled to see the growth in our Corn futures contract trading volume over the past year.”   

The CBOT also reported that the Exchange’s daily volume on Friday closed above five million at 5,000,089 contracts, marking it as one of the top ten highest volume days in CBOT history.   

About the CBOT

As one of the leading global derivative exchanges, the Chicago Board of Trade provides a diverse mix of financial, equity and commodity futures and options-on-futures products. Building on its 157-year history, the CBOT continues to advance into the future using the strength of deep liquidity, market integrity and member-trader expertise. Using superior trading technology in both electronic and open-auction trading platforms, the CBOT provides premier customer service to risk managers and investor worldwide. For more information visit our web site at

Forward Looking Statements

In this release, our use of the words “may,” “will,” “should,” “could,” “expects,” “plans,” “anticipates,” “believes,” “estimates,” “predicts,” “potential” or “continue” or other comparable terminology is intended to identify forward-looking statements. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or implied in any forward-looking statements. More detailed information about factors that may affect our performance may be found in filings made by CBOT Holdings, Inc. with the Securities and Exchange Commission, which can be obtained at its website at We undertake no obligation to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise.

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