CME Group has recorded its one billionth contract traded on CME Globex, the exchange's electronic trading platform, in a single year, excluding non-traditional Trakers futures contracts. The milestone was reached during the trading session on 9 October. ADV for the year for products traded on CME Globex is 5.2m contracts, an increase of 38% over average daily volume traded electronically for 2006. For the year to date, 75% of CME products are traded electronically on CME Globex.
Open interest on pure terephthalic acid on Zhengzhou Commodity Exchange hit a new high of 71,138 contracts on 10 October, exceeding the last record of 68,850 contracts set 26 September. Open interest on cotton futures contract also set a new high on 10 October. The new high of 128,542 contracts was recorded surpassing the previous high of 126,643 contracts set 24 September. Additionally trading volume of white sugar futures set a new...