CHICAGO, ILLINOIS, U.S. — CME Group announced on April 10 that it reached a daily volume record for its short-dated new crop corn options on April 8. Volume reached a record 7,733 contracts for short-dated new crop corn options, surpassing the previous record of 6,505 contracts on Jan. 4.
Additionally, combined open interest for short-dated new crop corn and soybean options surpassed 100,000 contracts for the first time on April 8, and ended trading with 101,472 contracts on Tuesday, April 9.
Short-dated new crop options on CBOT corn, soybeans and wheat expire earlier than traditional new crop options and were first introduced in 2012.
These contracts are listed by and subject to the rules of CBOT.