Competing ethanol contracts reflect commodities growth

Chicago Board of Trade (CBoT) is to launch ethanol futures and options contracts, expected to begin trading in the last quarter of this year. The move follows large volume growth in the exchange's existing commodities contracts and plans for ethanol contracts on New York Board of Trade (Nybot).

Nybot's ethanol launch is slated for 7 May (see FO Week vol 9 no 11). A spokesperson from CBoT said that its contract...